Equitas Small Finance Bank appoints Sivaraman K as Head-Operations, effective September 7, 2026, according to the bank’s disclosure to BSE under Regulation 30 of the SEBI listing regulations. The appointment also designates Sivaraman K as Senior Management Personnel of the bank.

The bank said Sivaraman K takes over the operations role from Siby Sebastian, who was previously Head-Operations. The disclosure was issued to BSE and the National Stock Exchange on September 7.

Internal role transition

As part of the internal transition, Siby Sebastian will continue as a member of the bank’s senior management personnel and will head Strategic Transformation, Equitas Small Finance Bank said.

The filing stated that the appropriate authority within the bank had accorded approval for Sivaraman K’s appointment. It was made in accordance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Profile of the new operations head

Sivaraman K brings over 30 years of banking experience, the bank said. His experience includes banking operations, process transformation, regulatory compliance, governance and operational excellence.

  • Before joining Equitas Small Finance Bank, he served as Senior General Manager and Head of the Banking Operations Group at South Indian Bank.
  • His previous responsibilities covered branch operations, liabilities and assets operations, payments and settlements, trade finance, reconciliation, currency chest and ATM management.
  • He also oversaw retail and para-banking support services in that role.

Source: BSE corporate announcement.