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Who is Vishwavir Ahuja?
Vishwavir Ahuja is the former managing director (MD) and chief executive officer (CEO) of RBL Bank. He is on the board of the Indian Institute of Management (IIM) Kashipur and a founder member at Ashoka University and a member of the Young Presidents' Organisation (India).
Ahuja stepped down as MD and CEO of the bank in December 2021, and was replaced by Rajeev Ahuja.
In January 2021, the board of RBL Bank had approved a three-year extension for Ahuja from June 30, 2021, to June 29, 2024. However, in June, the Reserve Bank of India (RBI) approved only a one-year extension for Ahuja as MD & CEO of the bank with effect from June 30, 2021.
Education and career
Education and career
Vishwavir Ahuja was born in December 1959 and attended the St Columba’s School in Delhi. In 1979, he completed his graduation in B.Com (Hons) from Delhi's Shri Ram College of Commerce (SRCC). Ahuja holds an MBA from IIM-Ahmedabad and an MS degree in International Finance from the University of Michigan, USA.
Vishwavir Ahuja became the MD & CEO of RBL Bank, when it was known as Ratnakar Bank, on June 30 2010. According to RBL’s website, Ahuja has been instrumental in growing the bank's balance sheet close to 25 times making it one of India's fastest-growing private sector banks. Ahuja, who has over 35 years in the banking sector, also headed the Bank of America (India) from 2001 to 2009.
Under his leadership at RBL, its business grew 46-fold and advanced over 50 times, and its net profit rose from Rs 12 crore in FY11 to Rs 508 crore in FY21, while customer base has grown from just about 250,000 in FY11 to around 10 million as of January 2022.
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