AU Small Finance Bank CFO Vimal Jain Passes Away

AU Small Finance Bank Ltd. on Wednesday said its chief financial officer, Vimal Jain, passed away due to cardiac arrest.

The lender said it will carry out the necessary succession procedures and inform regulators of further developments as required under RBI and SEBI norms.

Jain had been with the bank for over 15 years. “The strong team created by him in finance and accounts will carry forward his vision and legacy with commitment as a true tribute to him,” AU Small Finance Bank said in a filing.