Mumbai, Maharashtra, India, June 2026 – RBL Bank has appointed Ashwini Kumar Choudhary as Chief Risk Officer-Designate, reinforcing its leadership team as the bank continues to strengthen its risk governance, portfolio quality, regulatory compliance, and enterprise risk management capabilities amid an evolving banking and financial services landscape.
Ashwini Kumar Choudhary joins RBL Bank with more than 27 years of experience spanning enterprise risk management, credit risk, market risk, operational risk, corporate banking, infrastructure finance, and financial services leadership. Over the course of his career, he has built extensive expertise in designing risk frameworks, managing large and complex portfolios, and strengthening institutional resilience across banking and financial institutions.
Prior to joining RBL Bank, Ashwini served as Group Chief Risk Officer at Union Bank of India, where he was responsible for overseeing enterprise-wide risk management across one of India’s largest public sector banks. In this role, he led initiatives covering credit risk, market risk, operational risk, liquidity management, regulatory compliance, stress testing, and governance frameworks while supporting the bank’s growth and balance-sheet stability.
Before Union Bank of India, Ashwini spent over a decade with Tata Cleantech Capital Limited, including serving as Chief Risk Officer and earlier as Head – Credit. During his tenure, he played a critical role in building risk management frameworks for renewable energy and infrastructure financing while supporting the organization’s growth into a leading sustainable finance institution.
Earlier in his career, he served as Head Risk at Srei Infrastructure Finance Limited, where he managed credit, market, and operational risk functions across the organization. His professional journey also includes leadership positions with HSBC and HDFC Bank, where he specialized in corporate banking credit risk management and portfolio oversight.
Ashwini began his banking career with Bank of Baroda, spending more than eight years handling corporate banking, credit administration, SME financing, and large corporate credit portfolios, laying a strong foundation for his future leadership in risk management.
Throughout his career, Ashwini has successfully navigated multiple economic cycles, regulatory changes, and business transformations, earning recognition for his expertise in risk governance, portfolio quality management, credit underwriting, and institutional risk strategy.
In his new role as Chief Risk Officer-Designate at RBL Bank, he will work closely with the bank’s leadership team to further strengthen enterprise risk management frameworks, enhance governance mechanisms, support sustainable business growth, and ensure alignment with evolving regulatory and market requirements.
His appointment reflects RBL Bank’s continued focus on strengthening risk leadership as it pursues its strategic growth agenda while maintaining a prudent and resilient risk culture.
About RBL Bank
RBL Bank is one of India’s fastest-growing private sector banks, serving more than 11.5 million customers across the country. The bank operates through six key business verticals: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Retail Assets, Treasury, and Financial Markets Operations.
With a network of over 517 branches, 1,166 business correspondent branches, and 414 ATMs across 28 states and union territories, RBL Bank continues to expand its presence while offering a comprehensive range of banking and financial services to retail, corporate, and institutional customers.
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