AU Small Finance Bank announced the appointment of Harun Rasid Khan as Additional Director to its Board, effective December 28, 2021.
According to the bank’s exchange filing, “we are pleased to inform that the Board of Directors of AU Small Finance Bank Limited (“the Bank”), at its meeting held on Monday, 27th December 2021 on recommendation of Nomination & Remuneration Committee has appointed Mr. H. R. Khan (DIN: 07456806) as Non-Executive Independent Director (Additional Director) on the Board of the Bank with effect from 28th December 2021 for a period of 3 years, subject to the approval of Shareholders.”
H. R. Khan, a career central banker, has a vast experience of over four decades in the areas of Banking & Finance, Payment and Settlement systems, Economics, Financial Markets and has handled leadership positions as the Deputy Governor & the Executive Director at the Reserve Bank of India.
At RBI, he had handled diverse areas and spearheaded major projects relating to financial markets, foreign exchange management, external investments, banking regulation and supervision, IT transformation, payment and settlement systems, training and HR initiatives, and financial inclusion, the statement said.
H. R. Khan holds the Master of Arts from Utkal University, Bhubaneswar, Master of Philosophy from Jawaharlal Nehru University, New Delhi, Diploma in Business Management from Narsee Monjee Institute of Management Studies, Mumbai and he is a Certified Associate of the Indian Institute of Banking and Finance.
He had chaired the Committee on the Rural Credit and Micro finance which focused on expansion of banking network through the Information and Communications Technology enabled business correspondents, the Inter-Regulatory Corporate Debt Working Group which made several important recommendations for development of the Corporate Debt Market in India and the Working Group on the Regulations for the Foreign Portfolio Investors (FPIs) set up for simplification, liberalisation and rationalisation of the portfolio flow regulations set up by the SEBI. He was also the member of the Committees on Digital Payments set up by the Government of India and the RBI.
He recently chaired the Corporate Bond and Securitisation Advisory Committee (CoBoSAC) of SEBI. He was also the director on the Board of Bandhan Bank Limited, Dena Bank, Bank of Maharashtra, Punjab & Sind Bank, Bank of Rajasthan, NABARD, National Housing Board, PTC India Financial Services Limited, Reserve Bank Information Technology Private Limited and the Orissa State Finance Corporation.
Presently, H. R. Khan is Director on Board of India Mortgage Guarantee Corporation Private Limited & Non-Executive Chairman of NSE Clearing Limited and Senior Adviser (Part Time) at KPMG India.
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