RBI approved a new CEO for South Indian Bank. I guess it’s old news. He was previously employed with Karur Vysya Bank at one point. However, he resigned from KVB due to personal reasons 5 months before his term ended. I hope he is an able administrator and CEO like the outgoing CEO seems to have been. What has been a constant in South Indian Bank seems to be the chairman. Let’s hope the chairman and the board have done a good job picking the new MD and CEO.
Disclosure: Invested
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