South Indian Bank’s board of directors on September 29 approved the appointment of PR Seshadri as the managing director and chief executive officer (MD and CEO) of the lender.
Seshadri has been appointed for a period of three years with effect from October 1, 2023, South Indian Bank said in an exchange filing.
The Reserve Bank of India (RBI) on August 17 approved the appointment of Seshadri as MD & CEO of South Indian Bank, with effect from October 1.
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Seshadri has served, amongst other positions, as Managing Director & CEO of The Karur Vysya Bank Limited (KVB), Managing Director & Regional Sales and Distribution Head, Citibank N.A., Asia Pacific, Singapore, Managing Director & Regional Head of Lending, Businesses, Citibank N.A., Asia Pacific, Singapore, Managing Director CitiFinancial Consumer Finance India Limited (CCFIL), India, Marketing Director, Citibank N.A, India Branches, Head of Structured Finance & Managing Director, CFRSIL & Integration Manager - Associates India Limited, Head of Banking Collections, Citibank N.A, India, Head of Automobile Finance -Northern India, Head of Community Banking, Northern India, and Mortgage Business, Head – Southern India, Citi India.
He is currently mentoring businesses both at an operating level as well as at the board level at various companies.
He holds a Bachelor’s degree in Electrical Engineering from the Delhi College of Engineering and a Post Graduate Diploma in Management from the Indian Institute of Management, Bangalore.
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