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Ittira Davis resigns as CEO of Ujjivan Financial Services
March 12, 2021
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Ittira Davis has resigned as the MD and CEO of Ujjivan Financial Services Limited (UFSL) to take up a proposed directorship role on the board of Ujjivan Small Finance Bank Limited.
In a regulatory filing to exchanges, the company said that with the resignation of Davis, the company has appointed Samit Ghosh, the existing Non-Executive Chairman, as the MD and CEO of the company, with effect from May 1, and his appointment will be effective only on receipt of prior approval of the shareholders by way of special resolution since he is over 70 years of age.