Karnataka Bank has appointed Srikrishnan Harihara Sarma as the new Managing Director and CEO of the Bank. The appointment will last for a period of three years.
However, the appointment is subjected to the approval by shareholders at the ensuing Annual General Meeting or within a period of 3 months from the date of assuming charge, whichever is earlier, as per SEBI (LODR) Regulations, 2015.
Srikrishnan said, “I am proud to join Karnataka Bank. With over a century of trust and goodwill built by the Bank, I look forward to working with all the stakeholders to further build and grow the organisation.”
Srikrishnan has an experience of nearly four decades in Commercial, Retail & Transactional Banking, Technology and Payments. He served in key positions at HDFC Bank Limited, Yes Bank Limited and Jio Payments Bank Limited. At HDFC Bank Limited, he was part of the founding management team and was involved in setting up the bank’s Corporate and Retail Banking, Treasury and Capital Markets Infrastructure business. At Yes Bank Limited, he was instrumental in setting up the Commercial Banking infrastructure. At Jio Payments Bank Limited, he served as MD and CEO, while being responsible for the application and coordination for approval of license with the RBI.