Mr K. Venkataraman, Managing Director and CEO, SBI Global Factors, is to take over the reins of Karur Vysya Bank with effect from June 1.
He will succeed Mr P. T. Kuppuswamy, the incumbent Managing Director, who is to demit office on the expiry of his tenure on May 31.
The bank has informed the stock exchange that the RBI has, on the recommendation of the bank's board, appointed Mr Venkataraman as the CEO of KVB for a period of three years from June 1.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.