Comments
Karnataka Bank Ltd has appointed Sekhar Rao as an additional Director to take up the role of Executive Director of the bank for a period of three years effective from the date of taking charge, subject to approval of the shareholders.
A press statement said Rao has 29-plus years of overall work experience across sectors such as banking, information technology, payment and settlement products, business management, strategy and operations. He also has an experience of more than ten years in CXO roles reporting to the MD, CEO and board committees, it said.
Also read: Govt re-appoints Patra as RBI Dy Governor for a year
Prior to joining, he was associated with a fintech - Savvy India - as the co-founder and director.
Also read
He was also associated with CSB Bank Ltd as the Head (Operations and IT) for about six years. Earlier, he worked in RBL Bank Ltd, ING Vysya Bank Ltd, ICICI Bank Ltd, Asian Paints (I) Ltd, and Goodlass Nerolac Paints Ltd (now Kansai Nerolac Paints Ltd) in various capacities.
Quoting Mahabaleshwara MS, Managing Director and Chief Executive Officer of the bank, the statement said: “We welcome Mr Sekhar Rao on our board. He brings with him rich experience from multiple sectors such as banking, information technology, strategy, operations and also fintech. We look forward to working closely with him and we wish him good luck in his new assignment.”
Also read: Shriram AMC announces Kartik Jain as its new MD & CEO
Comments
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.