South Indian Bank has announced the approval of a panel of candidates for the position of Managing Director and Chief Executive Officer (MD & CEO), effective from 1 October 2026. This decision was made by the bank’s Board of Directors, following recommendations from the Search Committee and the Nomination and Remuneration Committee.
The panel of candidates has been arranged in order of preference, and the bank will submit an application to the Reserve Bank of India (RBI) for approval of the new MD & CEO appointment. The process is in accordance with the Banking Regulation Act, 1949, and existing RBI norms.
Further disclosures regarding this appointment will be made by South Indian Bank as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The information has been made available on the bank’s official website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).