DCB Bank has appointed Rupa Devi Singh as its new part-time chairman, following Nasser Munjee from that position. Her appointment is subject to approval from regulatory authorities like Reserve Bank of India and the shareholders of the Bank.

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The bank informed the BSE that the Board of Directors at its meeting held on January 14, 2022 approved the appointment of Rupa Devi Singh, independent director, as non-executive (part-time) chairman. Singh’s appointment will be effective from the date of receipt of the RBI approval. Munjee was the chairman of the bank since August 2005.

Rupa Devi Singh has been a non-executive independent director of the bank from January 22, 2015. She has over 35 years of experience in various sectors viz. commercial banking, project structuring, infrastructure, etc.