BSECompany Update21h ago · 30 Oct 2026, 07:03 pm
Please refer the enclosed disclosure.
IDFC First Bank Ltd · 539437
✦ AI SummaryMgmt Change
IDFC First Bank Ltd has appointed Mr. Hardik Thaker as the Chief Information Security Officer (CISO) and Senior Management Personnel (SMP), replacing Mr. Nitin Chauhan who resigned to pursue opportunities outside the bank.
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Full Announcement
IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Change in Management
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IDFCFIRSTBANK/SD/171/2026-27 October 30, 2026
National Stock Exchange of India Limited BSE Limited
Mumbai 400 051 Mumbai 400 001
NSE - Symbol: IDFCFIRSTB BSE - Scrip Code: 539437
Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
We wish to inform you that IDFC FIRST Bank has appointed Mr. Hardik Thaker as the Chief Information Security Officer of
the Bank (“CISO”) and designated him as Senior Management Personnel (“SMP”), with effect from October 30, 2026,
consequent to the resignation of Mr. Nitin Chauhan as the CISO.
The details required pursuant to the applicable SEBI Master Circular is enclosed as Annexure 1.
Yours faithfully,
For IDFC FIRST Bank Limited
Satish Gaikwad
General Counsel and Company Secretary
Encl.: As above
IDFC FIRST Bank Limited
Corporate Office: IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. Tel: +91 22 7132 5500
Registered Office: KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu. Tel: +91 44 4571 6477
CIN: L65110TN2014PLC097792 | E-mail: bank.info@idfcfirstbank.com | Website: www.idfcfirst.bank.in
Annexure 1
Sr. No. Particulars Description Description
1. Rea son for change Appointment of Mr. Hardik Thaker as CISO, Resignation of Mr. Nitin Chauhan
designated as SMP as CISO and consequent
cessation as SMP, to pursue
opportunities outside the Bank
2. Dat e of change October 30, 2026 The Bank has accepted the
resignation of Mr. Chauhan, and
his last working day with the
Bank will be April 23, 2027
3. Brie f profile Hardik Thaker is currently with IDFC FIRST Bank as Not Applicable
(in case of appointment) Deputy Chief Information Security Officer and
leads the Bank’s cybersecurity transformation
initiatives. He brings nearly two decades of
experience across banking, financial services,
regulatory institutions and global consulting, with
expertise spanning cybersecurity transformation,
AI, technology and cyber risk, cyber resilience and
cloud security.
Prior to joining IDFC FIRST Bank, he served as
Executive Director, Enterprise Security &
Resilience at GXS Bank, Singapore, where he
contributed to building the security capabilities of
its greenfield digital banks in Singapore and
Malaysia. Previously, he held a security leadership
and architecture role with the Monetary Authority
of Singapore, Singapore’s financial regulator, with
responsibilities spanning critical information
infrastructure protection and the design of
security architecture for commercial cloud
adoption.
Earlier in his career, he led IBM’s Security Strategy,
Risk & Compliance practice across ASEAN,
supporting organisations in strengthening their
information security and risk capabilities. He has
also worked with Deloitte and KPMG, advising
clients on enhancing their cybersecurity maturity,
including engagements associated with the
Government of India’s National e-Governance
Plan (NeGP).
IDFC FIRST Bank Limited
Corporate Office: IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. Tel: +91 22 7132 5500
Registered Office: KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu. Tel: +91 44 4571 6477
CIN: L65110TN2014PLC097792 | E-mail: bank.info@idfcfirstbank.com | Website: www.idfcfirst.bank.in
He has contributed to industry and professional
forums, including the Association of Banks in
Singapore’s Standing Committee, as well as
ISACA’s Emerging Technology Advisory Group and
India Advocacy Task Force. He is a Certified
Information Security Manager (CISM) and ISO
27001 Lead Auditor, and holds an MBA in Finance
from Gujarat University and a degree in
Mechanical Engineering.
4. Res ignation letter along Not Applicable Attached as Exhibit
with detailed reason for
the resignation
5. Dis closure of relationships Not Applicable Not Applicable
between Directors
(in case of appointment of
a director)
IDFC FIRST Bank Limited
Corporate Office: IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. Tel: +91 22 7132 5500
Registered Office: KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu. Tel: +91 44 4571 6477
CIN: L65110TN2014PLC097792 | E-mail: bank.info@idfcfirstbank.com | Website: www.idfcfirst.bank.in
Exhibit