Mumbai: Yogesh Jain has been elevated as the Deputy Chief Executive Officer (Deputy CEO) of AU Small Finance Bank (AU SFB), effective July 25, 2026, following approval by the Bank’s Board of Directors.
The appointment marks another significant leadership milestone for the bank as it continues to strengthen its leadership structure, accelerate technology-led transformation and pursue its long-term strategic growth ambitions.
AU Small Finance Bank, India’s largest Small Finance Bank and the first institution in more than a decade to receive in-principle approval from the Reserve Bank of India (RBI) for its proposed transition to a Universal Bank, said the elevation reflects its continued focus on building a strong leadership architecture for the future.
A Chartered Accountant with more than two decades of experience in the financial services industry, Yogesh Jain has been associated with AU Small Finance Bank for over 16 years.
During this period, he has played a key role in the institution’s transformation from a leading Non-Banking Financial Company (NBFC) into India’s largest Small Finance Bank.
Throughout his tenure, Yogesh Jain has led several strategic business functions, including capital mobilisation, treasury management, financial institutions, strategic planning, operations, technology, digital banking, credit cards, customer experience and unsecured lending.
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Serving as the Bank’s Chief Operating Officer prior to his elevation, Yogesh Jain has been instrumental in driving AU Small Finance Bank’s enterprise transformation initiatives.
His leadership has contributed to technology modernisation, digital innovation and operational excellence across the organisation.
The bank said these initiatives have helped build scalable platforms, improve customer experiences and support AU Small Finance Bank’s evolution into a technology-driven and customer-centric financial institution.
In his new role as Deputy CEO, Yogesh Jain will continue to work closely with Founder, Managing Director and Chief Executive Officer Sanjay Agarwal to drive enterprise-wide execution, strengthen operational excellence, accelerate digital transformation and support the Bank’s long-term growth agenda.
According to the bank, the elevation of Yogesh Jain reinforces AU Small Finance Bank’s focus on leadership continuity, institution-building and creating a future-ready organisation positioned for sustainable growth in an evolving banking landscape.
