IDFC Bank has informed that the Board of Directors of the Bank has approved the appointment of Veena Mankar as the Non-Executive Chairperson of the Board with effect from December 09, 2016 up to July 26, 2018, in place of Anil Baijal who would step down from the Board on December 08, 2016 consequent to his Reserve Bank of India (RBI) approved tenure coming to an end. The appointment of the new Non-Executive Chairperson is subject to approval of the RBI. Mankar has been an Independent Director of the Bank since July 27, 2015. Brief Profile of Mankar is enclosed.
The above information is a part of company’s filings submitted to BSE.