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Who has been appointed (26 May 2023) as the new MD and CEO of Karnataka Bank for Three Years?
A)
Ramesh Babu Boddu
B)
Murali Ramakrishnan
C)
Srikrishnan Harihara Sarma
D)
Sashidhar Jagdishan

Correct Answer :   Srikrishnan Harihara Sarma


Private sector lender Karnataka Bank on Friday (26th May 2023) appointed Srikrishnan Hari Hara Sarma as managing director and chief executive officer of the bank for a period of three years.

* The appointment is subject to the shareholders’ approval at the next Annual General Meeting or within a period of 3 months from the date of assuming charge, whichever is earlier, Karnataka Bank said in a regulatory filing.

* Pursuant to the approval received from the Reserve Bank of India, the Board of Directors at its meeting held on Thursday (25th May 2023) has appointed Sarma as an additional director to take up the role of MD and CEO, the bank said.

* At HDFC Bank, he was part of the founding management team, for over 9 years, and as the country head of transactional banking and operations, was involved in setting up the bank's corporate and retail banking, treasury, and capital markets infrastructure business. He later joined Yes Bank.

* At Jio Payments Bank, as MD and CEO, he was responsible for the application and coordination for approval of license with the RBI, incorporation of the company, formation of the board, strategic direction, and commencement of operations in 2018...

Source : CNBC

Published On : May 27, 2023
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