Karur Vysya Bank appoints P R Seshadri as new MD, CEO

Succeeds K Venkataraman who has been leading the bank for more than six years.

Coimbatore, Sep 4:  

P R Seshadri has assumed charge as the Managing Director and Chief Executive Officer of Karur Vysya Bank.

Seshadri, a senior banker with over 25 years experience, started his banking career with Citibank in early 1992. He has served in various capacities including Managing Director of Citi Financial Consumer Finance Ltd and Citi Financial Retail Services India Ltd till 2005. He moved to Singapore in 2005 as the Managing Director and regional head of the bank’s retail banking and lending businesses for Asia Pacific region

More recently, he held the post of Chief Executive Officer of BFC Bank Limited, London.

He is an alumnus of IIM, Bangalore and Delhi College of Engineering.

His predecessor K Venkataraman laid down office on August 31, after a stint at the helm for 75 months.

(This article was published on September 4, 2017)

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