BSECompany Update5d ago · 1 Sept 2026, 10:59 am
Appointment of Mr. Vikas Agrawal as Business Head - MSME
Ujjivan Small Finance Bank Ltd · 542904
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Ujjivan Small Finance Bank Ltd has appointed Mr. Vikas Agrawal as Business Head - MSME, effective September 01, 2026. Mr. Agrawal has over 25 years of experience in MSME, Business Banking, and Retail Banking.
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Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Ujjivan Small Finance Bank Ltd - 542904 - Announcement under Regulation 30 (LODR)-Change in Management
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USFB/CS/SE/2026-27/71
Date: September 01, 2026
National Stock Exchange of India Limited BSE Limited
Listing Department Listing Compliance
Exchange Plaza, C-1, Block G, Bandra Kurla Complex, P.J. Tower,
Bandra (E) Dalal Street, Fort,
Mumbai – 400 051 Mumbai – 400 001
Symbol: UJJIVANSFB Scrip Code: 542904
Dear Sir/Madam,
Sub: Change in Senior Management Personnel-Appointment of Business Head - MSME
We hereby inform you that, Mr. Vikas Agrawal, has joined as the Business Head - MSME of the Bank w.e.f. September 01, 2026.
Please find the enclosed disclosures in Annexure-1 in relation to aforesaid appointment, pursuant to SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated July 11, 2023 (last updated on January 30, 2026).
This intimation shall also be available on the website of the Bank at www.ujjivansfb.bank.in.
We request you to take note of the above
Yours faithfully,
For UJJIVAN SMALL FINANCE BANK LIMITED
Sanjeev Barnwal
Company Secretary & Head of Regulatory Framework
Encl: As mentioned above
Annexure 1
Sr Requirement Particulars
1. Name of the Senior Management Mr. Vikas Agrawal
Personnel
2. Designation Business Head - MSME
3. Reason for change Appointment
4. Date of Appointment Effective from September 01, 2026
5. Brief Profile Vikas is a Chartered Accountant and seasoned banking leader with over 25
years of experience across MSME, Business Banking, Retail Banking, Credit,
Product and Distribution. He brings a strong combination of financial acumen,
business leadership, product innovation and execution capability, with
extensive experience in building businesses and high-performing teams.
He began his banking career with Bank of Rajasthan and UTI Bank, before
spending over two decades with ICICI Bank in diverse leadership roles.
At ICICI Bank, Vikas led MSME Product nationally, introducing new product
lines and simplified credit processes that enabled faster decision-making and
a deeper understanding of MSME businesses beyond financials. He also led
Gold Loan Product nationally, introducing a technology-enabled workflow in
2015 that continues to be used across ICICI Bank branches by 20,000+ users.
6. Disclosure of relationship with None
Directors