Ujjivan Small Finance Bank Entrance Bengaluru. (Source: BloombergQuint)
The old guard that built a business from scratch; a new management brought in to take it to the next level; a disconnect between the two; an eventual parting of ways.That story has played out across numerous businesses. It was repeated at Ujjivan Small Finance Bank Ltd. as Chief Executive Nitin Chugh resigned abruptly, citing personal reasons. Chugh had replaced Samit Ghosh, who founded Ujjivan Financial Services, a microlender which...