None of the Key Managerial Personnel are either related to each other or to the Directors.
Arrangement or understanding with major Shareholders, customers, suppliers or others

Except in relation to appointment of Baskar Babu Ramachandran as our Managing Director and Chief Executive Officer,
there is no arrangement or understanding with the major shareholders, customers, suppliers or others, pursuant to which
any of our Key Managerial Personnel have been appointed. For details, see “~ Arrangement or understanding with major
Shareholders, customers, suppliers or others” on pages 193 to 194.

Shareholding of Key Managerial Personnel in our Bank

Except as disclosed below, none of our Key Managerial Personnel hold any Equity Shares as on the date of this
Prospectus:

 

 

 

 

 

 

 

Name of Key Managerial Personnel Number of Equity Shares held

Baskar Babu Ramachandran 12,343,578
Geeta Krishnan 16,250
Narayan Rao 227,900
Sominder Singh 89,000
Dhara Manoj Vyas 14,000

 

 

 

In addition to the Equity Shares held, our Key Managerial Personnel have been granted certain options under the ESOP
2016 and the ESOP 2019. For details in relation to the options granted to our Key Managerial Personnel see, “Capital
Structure” from pages 93 and 101.

Status of Key Managerial Personnel

All the Key Managerial Personnel are permanent employees of our Bank.

Interests of Key Managerial Personnel

Our Key Managerial Personnel do not have any interest in our Bank other than to the extent of the remuneration or
benefits to which they are entitled to as per their terms of appointment and reimbursement of expenses incurred by them
in the ordinary course of business. The Key Managerial Personnel may also be deemed to be interested to the extent of
any dividend payable to them and other distributions in respect of Equity Shares held by them in our Bank, if any. For
details of interest of our Managing Director and Chief Executive Officer, in our Bank, see “- Interest of Directors” on
page 194.

Changes in the Key Managerial Personnel

The changes in the Key Managerial Personnel in the last three years are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

Name Designation Date of change Reason for change
Vishal Singh Chief Technology Officer February 8, 2021 _| Resignation
Dhara Manoj Vyas Chief People Officer and Head - CSR September 3, 2020 _| Re-designation
Pradipta Sahoo Chief People Officer September 2, 2020 | Resignation
Vanamali R Sridharan _| Chief Information Officer July 11, 2019 Appointment
Vaman Ramesh Kamat | Chief Credit Officer May 17, 2019 Appointment
Vishal Singh Chief Technology Officer May 2, 2019 Re-designation
Rajeev Raghavan | Chief Information Officer April 30, 2019 Resignation
Panikath
Bharath Nyamathi | Chief Business Officer - Retail Banking March 11, 2019 _| Re-designation
Sondur

 

 

 

Service Contracts with Directors and Key Managerial Personnel

Except in respect of statutory benefits upon termination of their employment in our Bank or on retirement, no officer of
our Bank, including our Directors and the Key Managerial Personnel have entered into a service contract with our Bank
pursuant to which they are entitled to any benefits upon termination of employment.

Bonus or profit-sharing plans of the Directors and Key Managerial Personnel

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