Au Small Finance Bank Executive and Leadership Team

July, 2026

Leadership Overview

Au Small Finance Bank has 9 executives leading key functions including strategy, operations, finance, marketing, sales, human resources, and bancassurance.

Driven by a commitment to financial inclusion, Au Small Finance Bank provides wholesale banking, personal banking, insurance, and retail loans, impacting the economic landscape of India.

Leadership Roles at Au Small Finance Bank

  • Managing Director & Chief Executive Officer - Sanjay Agarwal
  • Chief Executive Officer, Ks Pvt Ltd In Association With Au Small Finance Bank - Nikk Rajput
  • Chief Financial Officer - Mahipal Chundawat
  • Chief Operating Officer - Chandra Chandra
  • President, Mfib 1 (South) - Kishore Mangalvedhe
  • President - Bancassurance - Dilip Vidyarthy
  • Chief Marketing Officer - Vikas Bhati
  • Chief Sales Officer - Shalender Udania
  • Chief People Officer - Akash Diwakar
  • Sanjay Agarwal - Managing Director & Chief Executive Officer

    Sanjay Agarwal, the Managing Director & Chief Executive Officer at Au Small Finance Bank, directs the overall strategic vision and operational execution. Agarwal oversees the bank's expansion into wholesale banking, personal banking, insurance, and retail loans, ensuring alignment with the company's mission to serve the Indian market. This leadership role involves driving growth initiatives and maintaining the bank's financial health. By focusing on scalable solutions, Sanjay Agarwal ensures the bank's competitive positioning within the finance sector. The Chief Executive Officer's mandate includes fostering innovation and adapting to evolving market demands. Agarwal's strategic direction underpins the bank's commitment to providing accessible financial products and services across India. This executive's oversight extends to all departments, ensuring cohesive operations and robust performance metrics. The Chief Executive Officer's responsibilities are critical for achieving the bank's long-term objectives and enhancing shareholder value.

    Nikk Rajput - Chief Executive Officer, Ks Pvt Ltd In Association With Au Small Finance Bank

    Nikk Rajput, the Chief Executive Officer, Ks Pvt Ltd In Association With Au Small Finance Bank at Au Small Finance Bank, spearheads initiatives within the associated private limited entity. Rajput's leadership focuses on driving specific business objectives and operational strategies that complement the bank's broader offerings in retail loans and insurance. This role involves fostering synergistic relationships and ensuring that the associated entity's operations contribute effectively to the overall group's market penetration and service delivery. By aligning the private company's goals with the bank's strategic direction, Nikk Rajput enhances the comprehensive financial solutions available to customers. The Chief Executive Officer's responsibilities include overseeing the strategic development and execution of programs within the associated company. Rajput's contribution is vital for expanding the bank's reach and impact through strategic partnerships.

    Mahipal Chundawat - Chief Financial Officer

    Mahipal Chundawat, the Chief Financial Officer at Au Small Finance Bank, directs the bank's financial strategy and fiscal management. Chundawat oversees all financial planning, accounting, and reporting functions, ensuring the bank's fiscal health and compliance with India's financial regulations. This position is critical for managing the bank's capital structure, profitability, and investment strategies across its wholesale banking, personal banking, insurance, and retail loans portfolios. By meticulously managing financial resources, Mahipal Chundawat supports the bank's sustainable growth and operational stability. The Chief Financial Officer's responsibilities include securing funding, managing investor relations, and optimizing the bank's balance sheet. Chundawat's expertise is essential for navigating the complexities of the financial sector and ensuring robust financial performance. This executive's oversight is fundamental to the bank's ability to deliver value to its stakeholders and maintain market confidence.

    Chandra Chandra - Chief Operating Officer

    Chandra Chandra, the Chief Operating Officer at Au Small Finance Bank, manages the day-to-day operational activities and ensures efficient service delivery. Chandra oversees the bank's core banking operations, including the processing of retail loans and wholesale banking transactions, directly supporting the company's description. This role is pivotal in optimizing internal processes and enhancing customer experience across all banking channels. By streamlining operational workflows, Chandra Chandra drives efficiency and cost-effectiveness throughout the organization. The Chief Operating Officer's focus includes implementing robust risk management frameworks and ensuring compliance with regulatory standards. Chandra's leadership ensures the seamless integration of new technologies and service offerings. This executive's responsibilities are vital for maintaining the bank's operational integrity and supporting its growth trajectory in the competitive financial services landscape. The Chief Operating Officer's impact is evident in the bank's ability to scale its services effectively.

    Kishore Mangalvedhe - President, Mfib 1 (South)

    Kishore Mangalvedhe, the President, Mfib 1 (South) at Au Small Finance Bank, directs operations and strategic initiatives within the specified southern region. Mangalvedhe oversees the expansion and performance of the bank's services, including retail loans and personal banking, across this key geographical area. This leadership position is vital for understanding and responding to the unique market dynamics of South India, ensuring the bank's offerings meet local customer needs. By driving regional growth, Kishore Mangalvedhe contributes significantly to the bank's overall market penetration and financial objectives. The President's responsibilities include managing regional teams, fostering local partnerships, and ensuring operational excellence. Mangalvedhe's focus on regional development is crucial for the bank's sustained success and its commitment to serving diverse communities.

    Dilip Vidyarthy - President - Bancassurance

    Dilip Vidyarthy, the President - Bancassurance at Au Small Finance Bank, leads the strategic development and execution of the bank's bancassurance business. Vidyarthy is responsible for overseeing the integration of insurance products within the bank's service offerings, enhancing value for customers and driving revenue growth. This role involves forging strong partnerships with insurance providers and ensuring compliance with regulatory frameworks governing bancassurance operations. By optimizing the delivery of insurance solutions, Dilip Vidyarthy strengthens the bank's comprehensive financial services portfolio. The President's focus is on expanding market reach and customer penetration for insurance products. Vidyarthy's leadership is critical for capitalizing on opportunities within the insurance sector and reinforcing the bank's position as a holistic financial solutions provider.

    Vikas Bhati - Chief Marketing Officer

    Vikas Bhati, the Chief Marketing Officer at Au Small Finance Bank, leads the development and execution of comprehensive marketing strategies. Bhati is responsible for enhancing brand visibility and driving customer acquisition across all product lines, including personal banking, insurance, and retail loans. This role involves understanding market dynamics and consumer needs to craft targeted campaigns that resonate with the Indian demographic. By leveraging data-driven insights, Vikas Bhati ensures marketing efforts align with business objectives and contribute to revenue growth. The Chief Marketing Officer's mandate includes managing digital marketing initiatives, public relations, and brand communications. Bhati's strategic approach is crucial for positioning Au Small Finance Bank as a trusted financial partner. This executive's leadership shapes the bank's market presence and customer engagement strategies, fostering long-term relationships.

    Shalender Udania - Chief Sales Officer

    Shalender Udania, the Chief Sales Officer at Au Small Finance Bank, directs all sales operations and revenue generation activities. Udania is responsible for building and managing high-performing sales teams across the bank's diverse product offerings, including wholesale banking, personal banking, and retail loans. This executive's focus is on expanding market share and achieving ambitious sales targets by implementing effective sales strategies and fostering strong client relationships. By driving sales excellence, Shalender Udania ensures the bank meets its financial objectives and strengthens its customer base. The Chief Sales Officer's role involves developing sales forecasts, analyzing market trends, and optimizing the sales funnel. Udania's leadership is instrumental in translating the bank's product capabilities into tangible business results and sustained revenue growth.

    Akash Diwakar - Chief People Officer

    Akash Diwakar, the Chief People Officer at Au Small Finance Bank, leads human resources strategy and talent management initiatives. Diwakar oversees the development and implementation of programs focused on employee engagement, recruitment, retention, and organizational culture, ensuring a supportive and productive work environment. This role is critical for attracting and developing the skilled workforce necessary to support the bank's operations in wholesale banking, personal banking, insurance, and retail loans. By fostering a strong people-centric culture, Akash Diwakar contributes to the bank's overall success and its ability to deliver exceptional service. The Chief People Officer's responsibilities include shaping HR policies, managing compensation and benefits, and driving employee development programs. Diwakar's strategic leadership ensures the bank has the human capital required to achieve its ambitious goals.

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    Frequently Asked Questions Regarding Au Small Finance Bank Top Executives and Leadership Team

    Who leads Au Small Finance Bank?
    Au Small Finance Bank is led by Sanjay Agarwal (Managing Director & Chief Executive Officer), along with executives such as Nikk Rajput (Chief Executive Officer, Ks Pvt Ltd In Association With Au Small Finance Bank) and Mahipal Chundawat (Chief Financial Officer).
    Who is part of Au Small Finance Bank’s executive team?
    The executive team of Au Small Finance Bank includes leaders such as Sanjay Agarwal (Managing Director & Chief Executive Officer), Nikk Rajput (Chief Executive Officer, Ks Pvt Ltd In Association With Au Small Finance Bank), Mahipal Chundawat (Chief Financial Officer) and other senior executives.
    How many executives does Au Small Finance Bank have?
    Au Small Finance Bank has 9 executives leading key business areas.
    What roles are included in Au Small Finance Bank’s leadership team?
    The leadership team of Au Small Finance Bank includes roles such as Managing Director & Chief Executive Officer, Chief Executive Officer, Ks Pvt Ltd In Association With Au Small Finance Bank, Chief Financial Officer, Chief Operating Officer, President, Mfib 1 (South).