Karur Vysya Bank (KVB) has announced the appointment of Sankar Balabhadrapatruni as its Whole Time Director (Executive Director) for a period of three years, following approval from the Reserve Bank of India (RBI). His appointment will be formally placed in the upcoming Board meeting.
With over 35 years of banking experience, Sankar Balabhadrapatruni has held key leadership roles at State Bank of India (SBI). He has a proven track record in stressed asset management, having handled INR 82,000 crores in NPAs as Deputy Managing Director. His expertise spans across SME business growth, risk management, internal audits, and branch operations.
Key Leadership Contributions
- Chief Operating Officer (COO), SBI – Managed 23,000+ branches, 65,200 ATMs, and customer service operations.
- CGM, Chennai Circle – Oversaw 1,391 branches across Tamil Nadu and Puducherry, managing INR 1,80,000 crores in deposits and INR 1,22,000 crores in advances.
- SME Corporate Center Head – Revitalized SBI’s SME business through innovative strategies.
Sankar Balabhadrapatruni’s appointment is expected to bring strategic vision, operational efficiency, and digital transformation to Karur Vysya Bank. His leadership will be instrumental in enhancing customer experience, improving asset quality, and driving growth.
