Jana Small Finance Bank appoints Rakesh Joshi as independent director

Jana Small Finance Bank Limited announced the appointment of Rakesh Joshi as an additional director, designated as an independent director, effective August 27, 2025. This appointment is for a term of five years and aligns with SEBI regulations.

Joshi brings over 41 years of national and international experience across wholesale banking, retail banking, investment banking, and insurance. His extensive background includes roles ranging from junior trader to chief dealer and a significant tenure at the Insurance Regulatory and Development Authority of India (IRDAI) as whole time member (finance and investments), from which he retired in December 2023.

The bank confirmed that Joshi is not related to any existing directors and is not debarred from holding a directorship by any SEBI order or other regulatory authority. The appointment is expected to bolster the bank's strategic vision and operational excellence.