ESAF SFB Board Approves Director Reappointment and Management Reclassification

ESAF SFB Board recommended re-appointment of Prof. Biju Varkkey as Non-Executive Independent Director for a 3-year term from August 17, 2026.
Board reclassified five officials from Key Managerial Personnel to Senior Management Personnel effective May 1, 2026, including EVPs and control function heads.
Approved a new classification framework defining Executive Vice Presidents and Heads of Control Functions as Senior Management Personnel.