Karnataka Bank Ltd. has announced the appointment of Raghavendra Srinivas Bhat as an Additional Director in the capacity of Managing Director & CEO, effective July 16, 2025. The appointment, approved by the Board of Directors on July 14, 2025, is for a period of three months or until a regular Managing Director & CEO is appointed, whichever is earlier, based on the approval received from the Reserve Bank of India.
| Particulars | Details |
|---|---|
| Name | Mr. Raghavendra Srinivas Bhat |
| DIN | 11165725 |
| Position | Managing Director & CEO |
| Effective Date | July 16, 2025 |
| Term | Three months or until a regular appointment, whichever is earlier |
Appointment Details
Mr. Raghavendra Srinivas Bhat will also be designated as a Key Managerial Personnel of the Bank starting July 16, 2025. The bank has confirmed that Mr. Bhat is not debarred from holding the office of a Director by any order passed by SEBI or any other authority.
Brief Profile of Mr. Raghavendra Srinivas Bhat
Mr. Raghavendra Srinivas Bhat has had a 38-year career at Karnataka Bank Limited, starting as a Clerk in 1981. He served as the Chief Operating Officer (COO) in the CGM Cadre until 2019. His expertise includes Banking, Finance, and Agriculture. During his tenure, he has experience in HR, IT & Digital Banking, Treasury & Forex Operations, Insurance, and Rural Economy. He has held top management positions for over a decade and is currently working as the Chief Operating Officer of the Bank w.e.f. July 02, 2025.
Additional Information
Mr. Raghavendra Srinivas Bhat is not related to any of the Directors of the Bank.
