Suryoday Small Finance Bank CIO Vishal Singh resigns; Gawde and Jain re-designated
- Vishal Singh resigns as CIO effective October 3, 2026, to pursue entrepreneurship
- Radhika Gawde re-designated as Head-Operations effective October 1, 2026
- Sweety Jain appointed as Chief Credit Officer effective October 1, 2026
- Changes disclosed under SEBI Listing Regulations Regulation 30
*this image is generated using AI for illustrative purposes only.
Suryoday Small Finance Bank Limited has announced significant changes in its senior management team. Chief Information Officer Vishal Singh will resign from his position effective October 3, 2026, to pursue an entrepreneurship opportunity. Concurrently, the bank has re-designated two key executives to strengthen its operations and credit functions.
Leadership transitions
Radhika Gawde, currently the Chief Credit Officer, has been designated as Head-Operations with effect from October 1, 2026. In this revised role, she will oversee the bank's central operations function, focusing on operational efficiency, service delivery, process excellence, and scalability. Her new mandate leverages her experience across customer, credit, and risk processes.
Sweety Jain will take over as Chief Credit Officer, also effective October 1, 2026. Jain brings over 20 years of experience in credit risk, MSME lending, institutional funding, portfolio governance, digital underwriting, and credit policy. She is tasked with providing strategic direction to the credit function, ensuring portfolio quality, underwriting standards, and prudent business growth.
Executive profiles and timelines
Vishal Singh’s resignation letter was dated September 23, 2026, citing his decision to explore entrepreneurial ventures. His last working day is scheduled for October 3, 2026, at the close of business hours. The transition ensures continuity in digital banking leadership during this period.
The following table outlines the specific changes in senior management personnel:
| Personnel | Current Role | New Role/Status | Effective Date | Key Experience |
|---|---|---|---|---|
| Radhika Gawde | Chief Credit Officer | Head-Operations | October 1, 2026 | 20+ years in finance, customer, credit, risk |
| Sweety Jain | Not specified | Chief Credit Officer | October 1, 2026 | 20+ years in credit risk, MSME, digital underwriting |
| Vishal Singh | CIO & Head-Digital Banking | Resigned | October 3, 2026 | Pursuing entrepreneurship opportunity |
Regulatory compliance
This intimation is made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure includes details required by SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The information has been submitted to both the National Stock Exchange of India Limited and BSE Limited for appropriate dissemination.
Historical Stock Returns for Suryoday Small Finance Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.60% | +1.78% | -5.09% | +18.79% | +9.46% | -17.57% |
Who has been appointed as the successor to Vishal Singh for the Chief Information Officer and Head of Digital Banking roles?
How will Sweety Jain's specific expertise in MSME lending and digital underwriting influence Suryoday's credit portfolio strategy for FY2027?
What interim measures are in place to ensure uninterrupted digital banking services during the transition period following Vishal Singh's departure?
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