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IDFC Bank appoints new nonexecutive chairperson

IDFC Bank Ltd. appointed Veena Mankar as nonexecutive chairperson.

The company said Dec. 8 that the appointment is effective Dec. 9 until July 26, 2018. Mankar will replace Anil Baijal, who stepped down from the position upon the completion of his tenure.

Mankar has been an independent director on the bank's board since July 2015. She is also the chairperson of Swadhaar FinServe Pvt. Ltd. and Swadhaar Information & Management Services Pvt. Ltd.