The Reserve Bank of India has approved the appointment of Murali Ramakrishnan as the managing director and chief executive officer of South Indian Bank.
The appointment, for a tenure of three years, comes into effect on Oct. 1, 2020, the Kerala-based lender said in a regulatory filing on Thursday.
Ramakrishnan retired from ICICI Bank as senior general manager-strategic project on May 30, 2020, and joined South Indian Bank as adviser on July 1, 2020. During his tenure at ICICI Bank, in the last assignment, Ramakrishnan was heading a business transformation project of small and medium-sized enterprises business.
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