AU Small Finance Bank has appointed Harun Rashid Khan as Non-Executive Independent Director (Additional Director) of the board for three years, effective immediately. This appointment is part of AU Small Finance Bank's effort to expand and strengthen its Board by inducting professionals with diversified experience across banking and finance, the company said.

Khan is a former Deputy Governor and the Executive Director at the Reserve Bank of India (RBI) and has over four decades experience in Banking & Finance, Payment and Settlement systems, Economics and Financial Markets.

Prior to this at RBI, Khan worked across departments including financial markets, foreign exchange management, external investments, banking regulation and supervision, IT transformation, payment and settlement systems, training and HR initiatives and financial inclusion.

During his RBI stint, Khan chaired the committee on rural credit and micro finance, which focused on expansion of banking networks through the Information and Communications Technology (ICT) enabled business correspondents.

Khan was also a member of the committees on digital payments set up by the government and the RBI.