Key Appointments Approved

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved the following appointments:

1. Mr. Joseph Conrad Agnelo D'souza (DIN: 00010576)

  • Recommended regularization as Non-Executive Independent Director
  • Effective from September 28, 2026
  • Term: 5 years
  • Subject to shareholder approval

2. Mr. Nageswara Rao Yalamanchili (DIN: 06651230)

  • Approved for re-appointment as Non-Executive Independent Director
  • Second term of three consecutive years
  • Effective from June 29, 2027
  • Subject to shareholder approval

Director Qualifications and Background

Mr. Joseph Conrad Agnelo D'souza:

  • Holds Master's Degree in Commerce, Master's Degree in Business Administration, Diploma in Financial Management
  • Senior Executive Programme graduate from London Business School
  • Over four decades of experience in banking and financial services
  • Former leadership role at HDFC Limited in Strategy, Treasury, Operations, Investor Relations and New Initiatives
  • Previously Member of Executive Management and Chief Investor Relations Officer at HDFC Limited
  • 39+ year tenure at HDFC Limited covering strategy, treasury, corporate planning, budgeting, investor relations and corporate finance
  • Has worked on assignments for multilateral agencies in financial services across Asia, Africa and Eastern Europe
  • Helped set up mortgage companies in Bangladesh, Sri Lanka, Egypt, Maldives and Tanzania
  • Current directorships include Motilal Oswal Financial Services Limited, Chalet Hotels, Bharat Bijlee Limited, Prism Johnson Limited, Asianet Satellite Communications Limited, Camlin Fine Sciences Limited, Niwas Housing Finance Limited, Juhu Beach Resorts Limited and Samini Ceramics Limited

Mr. Nageswara Rao Yalamanchili:

  • Seasoned banker with over 36 years of Managerial/Executive/Board level experience
  • Holds bachelor degree in commerce
  • Certified Associate Institute of Bankers (CAIIB)
  • Certificate Course in Computer Applications
  • Previously served as Executive Director in Vijaya Bank, Syndicate Bank and Bank of Maharashtra
  • Former Director in Vishweshwariah Grameena Bank
  • Career timeline:
  • 1985-2009: Various positions including retail branch banking, branch head level covering rural, semi-urban, urban and metro centers
  • 2009-2012: DGM & GM at Vijaya Bank handling Information & Technology, Risk Management, Card Division, Alternative Delivery Channels
  • 2013-2015: Chief Compliance Officer of Vijaya Bank
  • 2016-2019: Executive Director of Vijaya Bank heading Risk Management, Information Technology, Credit - Retail & MSME, Treasury
  • 2019-2020: Executive Director of Syndicate Bank heading Digital department, Risk Management
  • 2020-2021: Executive Director of Bank of Maharashtra heading Information Technology department
  • Current Independent Director positions:
  • Imfast Finfotech Private Limited
  • I25 Outreach Private Limited
  • Ramaiah Capital Private Limited
  • CRMF Trustee Private Limited
  • Canara Bank Securities Limited
  • Maximus ARC Limited

Meeting Details

  • Board meeting commenced at 03:00 PM and concluded at 06:20 PM on October 29, 2026
  • Disclosure made in accordance with SEBI Listing Regulations and SEBI Master Circular SEBI/HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026
  • Information also available on the Bank's website at www.capital.bank.in