Ujjivan Small Finance Bank has received RBI clearance to nominate Ittira Davis as its Managing Director and CEO for a one-year term.
Davis, a senior banker with over 40 years of experience working in India, the Middle East, and Europe, has been associated with Ujjivan since March 2015. As the Head of Transition, his first pivotal assignment was to oversee the successful transformation of a microfinance organisation into a small finance bank. He worked as the Managing Director of Europe Arab Bank, London. He has also held roles of leadership at Arab Bank, Bahrain and Citibank, India. He is an alumnus of the Indian Institute of Management-Ahmedabad.
B A Prabhakar, Chairman, Ujjivan SFB, said: “I am happy with Ittira coming to head the bank in its transformational journey. His extensive global banking experience and familiarity with Ujjivan will enable him to lead the bank successfully.”