RBL Bank has announced that its Executive Director, Rajeev Ahuja, will retire from the bank upon completion of his current term, which ends on February 20, 2026. The Board has accepted his request for retirement, which coincides with the end of the term approved earlier by the Reserve Bank of India.
The bank has also elevated Jaideep Iyer, Head of Strategy, as its new executive director (ED) for three years.
RBL Bank has also appointed Deepak Ruiya as its interim Chief Financial Officer (CFO) effective Tuesday, until the appointment of a new CFO.
Jaideep Iyer is a seasoned banker with a career spanning over 25 years in the financial sector. He has worked across verticals such as Finance, Strategy, Investor Relations, Corporate Banking & Financial Markets. He has been associated with the Bank since February 2018, and in his current role at the Bank, he is in charge of Finance, Strategy and Investor Relations. He also leads the Credit Cards team.
Prior to joining RBL Bank, he was the Group President and Deputy CFO at Yes Bank for 9 years and was responsible for Finance & Accounting, Taxation, Business & Management Information Systems, Investor Relations and Financial Strategy. Jaideep Iyer holds a Master’s in Business Administration from IIM Ahmedabad and a Bachelor’s degree in Engineering.
Deepak Ruiya is a finance professional, and his career spans over 22 years in the banking and financial services sector. He is a qualified Chartered Accountant, FRM, and CFA Level 2.
He started his career at BSE as a management trainee and later joined ICICI Lombard, where he managed financial operations. He then moved to Barclays Bank, where he spent 9+ years and was last designated as Vice President – Finance (Corporate & Investment Bank). He joined RBL Bank in 2014 and is currently Deputy Chief Financial Officer.
In his professional journey, he held leadership positions in Financial Control, Financial Performance & Analysis, Costs Management, Budgets, Transformation, MIS, Asset & Liability Management (ALM), Treasury, Change Management, Dealing with Regulators for Regulatory Matters, Tax and Audit.
