Karnataka Bank appoints Sekhar Rao as interim CEO
PTI, Apr 16, 2023, 10:03 AM IST
Karnataka Bank on Saturday said that it has appointed Sekhar Rao as interim managing director and CEO following the completion of the term of the incumbent CEO.
Mahabaleshwara M S, the incumbent managing director and Chief Executive Officer (MD & CEO) of Karnataka Bank, demitted the office on April 14, after successful completion of his second term of three years, the bank said in a regulatory filing.
Rao, Executive Director, assumed charge as an interim MD and CEO with effect from April 15, 2023, in terms of RBI approval dated April 12, 2023, it said.
He has been appointed for a period of three months or till the appointment of regular MD and CEO whichever is earlier, it said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sensex reclaims 80k mark; Nifty surges over 1% after BJP-led Mahayuti’s win in Maharashtra
Rapid digital expansion to create over 1 lakh new jobs in fiber tech in India in next 5 years
Choose correct ITR to report foreign assets; 2 lakh such returns filed: CBDT official
Air India Express increases flight operations from northeast destinations
Mcap of 8 of top-10 most-valued domestic firms jumps Rs 1.55 lakh cr; HDFC Bank, TCS sparkle
MUST WATCH
Latest Additions
Wanted to kill Ajmal Kasab who caused so much of pain, recalls 26/11 terror attack victim
Two retired revenue officials among four arrested in land grabbing case in Jammu
Kerala govt to revise manual for junior doctors, house surgeons
State can interfere with religious practices if they impede development, equality rights: SC
Four cheers at MP’s Kuno park; cheetah Neerva gives birth to cub quartet
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.