Nature of change: Appointment of Mr. Paresh Gupta as Head – MSME, forming part of the Senior Management Personnel.
Name and details: Mr. Paresh Gupta. Effective date of appointment is September 29, 2026. Terms of appointment are full-time employment.
Profile and qualifications: Mr. Gupta has over 20 years of experience across Business & Product Development, Risk Management, and MSME Financing. He completed B.Com (Hons.) and M.Com (ABST) from MDS University, Ajmer. He also holds an MBA degree in Finance from ICFAI Business School.
Relevant experience: He has strong experience in setting up and stabilizing business in the Micro & Small segments with large banks. He has strong experience in dealing with small traders within SMEs, which is relevant for the Bank's Small Finance Bank strategy and long-term focus on building its MSME vertical.
Previous roles: He was previously associated with YES Bank, ICICI Bank, and HDFC Bank. In his last position at YES Bank (since October 2011), he was designated as Regional Business Head – Micro Enterprise Banking [MEB], managing multi-state operations across Gujarat, Rajasthan, Madhya Pradesh & Chhattisgarh.
Relationship disclosure: Not Applicable.
Approval process: The appointment was based on the recommendation of the Nomination and Remuneration Committee and approval of the Board of Directors of the Bank.
Any Other Material Information
Regulatory compliance: The disclosure is made pursuant to Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 (updated on January 30, 2026).
Company details: Scrip Code: 543386, Symbol: FINOPB.
Company contact: Registered Office at Mindspace Juinagar, Plot No Gen 2/1/F, Tower 1, 8th Floor, TTC Industrial Area, MIDC Shirwane, Juinagar, Navi Mumbai - 400 706. CIN: L65100MH2007PLC171959.
