Non-public lender RBL Financial institution’s Chief Monetary Officer (CFO) Amrut Palan handed away on September 8, the financial institution acknowledged in a regulatory submitting.
“Palan was related because the chief monetary officer with RBL Financial institution since August 2019 and has been a pillar of energy for the finance operate, main from the entrance, placing to make use of his huge expertise throughout overseas and personal banks,” the lender stated in a regulatory submitting.
The financial institution stated it immensely benefited from his imaginative and prescient and management throughout his tenure.
Previous to becoming a member of RBL Financial institution, Amrut had additionally labored with Citibank, HSBC, and Kotak Mahindra Financial institution. He was additionally the founder and CFO of Airtel Funds Financial institution, the place he arrange their Treasury and Threat administration capabilities.
The administrators and staff of the financial institution expressed their deep sympathies and condolences to Palan’s household.
R Subramaniakumar, MD & CEO, RBL Financial institution, stated, “RBL Financial institution household deeply mourns the passing away of our pricey colleague, Amrut. He was mature, led the crew from the entrance, was soft-spoken, energetic, and was a really senior member of our crew. He shall be actually missed by RBL Financial institution.”
” Shocked and deeply saddened to listen to of the tragic and premature demise of Amrut. I’ll all the time bear in mind him as a sensible and fearless chief, a pricey buddy, and a very good human—my deepest sympathies, ideas, and prayers along with his household of their grief,” stated Dice Highways InvIT CFO Pankaj Vasani expressing his condolences to Palan.
“All who knew him are richer for his reminiscence, and I’m happy with his friendship, life, and inspiration legacy he has left to us all”, he stated.
