AU Small Finance Bank Ltd has appointed banking risk veteran Amol Padhye as its Chief Risk Officer (CRO)-designate, with effect from September 1, 2026, following the completion of incumbent CRO Deepak Jain‘s tenure on August 31.
“The Board of Directors today, on the recommendation of the Risk Management Committee and Nomination and Remuneration Committee, has approved the appointment of Mr. Amol Padhye as Chief Risk Officer (CRO-Designate) of the Bank, categorized as Senior Management Personnel (SMP). Mr. Padhye will take charge as CRO with effect from September 1, 2026, on completion of the tenure of Mr. Deepak Jain, the incumbent CRO, on August 31, 2026,” AU Small Finance Bank said in its regulatory filing.
The appointment was approved by the bank’s board of directors on the recommendation of its Risk Management Committee and Nomination and Remuneration Committee, the lender said in a regulatory filing on Thursday.
Padhye will be categorised as a Senior Management Personnel (SMP).
A Chartered Accountant with a bachelor’s degree in commerce from the University of Mumbai, Padhye brings more than 23 years of experience in enterprise risk management across banking and consulting. His expertise spans the establishment and strengthening of risk management functions, market and liquidity risk oversight, and risk technology transformation.
Before joining AU Small Finance Bank, Padhye held leadership positions at HDFC Bank, Ernst & Young LLP and BNP Paribas. The bank said he has a proven track record of building high-performing teams and is recognised as a thought leader, frequently speaking at industry forums and academic institutions on risk management, Responsible AI and generative AI risk.
According to the filing, Deepak Jain will complete his tenure as the bank’s Chief Risk Officer on August 31, with Padhye formally assuming charge the following day.
