Noida, Uttar Pradesh, India,April 2025 — Gaurav Seth has been appointed as Executive Director at Shivalik Small Finance Bank, while continuing in his current role as Chief Financial Officer. With over 20 years of experience spanning finance, compliance, treasury, and risk management, Gaurav’s elevation marks a significant step in reinforcing the bank’s leadership as it enters its next phase of strategic expansion.
Since joining Shivalik Small Finance Bank in 2021 as CFO, Gaurav has played an instrumental role in strengthening the bank’s financial architecture. His contributions to capital planning, fundraising, investor relations, and regulatory compliance have helped shape the bank’s agile and technology-led growth path. His appointment to the Board recognizes his impact in institutionalizing sound financial practices while aligning operational strategies with long-term business goals.
Prior to Shivalik, Gaurav served as Chief Financial Officer at Eko India Financial Services, overseeing fund raising, controllership, tax, and legal compliance. He also held senior roles at Actis, a global private equity fund, where he led fund operations and investor relations, managing complex cross-border investment structures across emerging markets. His earlier tenure at Four Cross Media saw him head group-level financial control and investor management, bringing strategic direction to digital-first business ventures across Asia.
Gaurav’s finance career began with leadership stints at Xander Investment Management, KPMG, and Deloitte, where he gained deep exposure to international financial reporting standards, audit, and fund administration. A Chartered Accountant by qualification, he has consistently combined technical rigor with operational insight throughout his career.
At Shivalik, Gaurav’s dual role will ensure tighter integration between the bank’s strategic objectives and its financial performance, particularly in an increasingly digital and regulatory-intensive environment. His leadership comes at a time when the bank is expanding its digital ecosystem and deepening its presence across key Indian markets.
Shivalik Small Finance Bank
Shivalik Small Finance Bank is India’s first Small Finance Bank to have transitioned from an Urban Cooperative Bank, with over 25 years of legacy in retail banking. The bank has embraced a digital-first approach powered by Infosys Finacle Core Banking and Digital Banking Suite. With a presence across Uttar Pradesh, Uttarakhand, Madhya Pradesh, NCR, Telangana, and Haryana, the bank serves over 600,000 customers through 68 branches and 93 Business Correspondent branches. Shivalik is live on all retail payment platforms and is a direct member of the National Financial Switch, reinforcing its commitment to technology-led inclusive banking.
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