Karnataka Bank appoints COO as interim MD & CEO
Karnataka Bank has named its COO, Raghavendra Srinivas Bhat, as the MD & CEO for a three-month interim period starting July 16, 2025, while the search for a permanent leader continues. This appointment follows the departure of Srikrishnan Hari Har...
By ET Bureau |
ETMarkets.com
The vacuum at the bank's top position was created earlier in the month as MD Srikrishnan Hari Hara Sarma and executive director Sekhar Rao stepped down from their respective positions after a conflict with the board.
Kolkata: Karnataka Bank has appointed its chief operating officer Raghavendra Srinivas Bhat as managing director & chief executive officer for three months from July 16, 2025.
Meanwhile, the bank continues to search for a regular MD & CEO. The vacuum at the bank's top position was created earlier in the month as MD Srikrishnan Hari Hara Sarma and executive director Sekhar Rao stepped down from their respective positions after a conflict with the board.
Bhat will step aside if a new head comes before his three-month stint. Bhat has resigned from the COO position and has been appointed as an additional director at the board. Our Bureau
Meanwhile, the bank continues to search for a regular MD & CEO. The vacuum at the bank's top position was created earlier in the month as MD Srikrishnan Hari Hara Sarma and executive director Sekhar Rao stepped down from their respective positions after a conflict with the board.
Bhat will step aside if a new head comes before his three-month stint. Bhat has resigned from the COO position and has been appointed as an additional director at the board. Our Bureau
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Karnataka Bank profit jumps 62% on strong Q4 performance, asset quality gainsADVERTISEMENT
