Mangaluru, July 15, 2025 — Karnataka Bank has announced the appointment of its Chief Operating Officer (COO) as the Interim Managing Director and Chief Executive Officer (MD & CEO), effective immediately. The appointment comes as part of the Bank’s strategic transition plan while the search for a permanent MD & CEO is underway.
With this appointment, the Bank aims to ensure seamless leadership continuity and sustained operational momentum. The newly appointed interim MD & CEO brings with them a strong track record in banking operations, digital transformation, and strategic execution, having served in various leadership capacities within the organization.
In an official statement, Karnataka Bank’s Board of Directors expressed confidence in the interim leadership, stating, “We are pleased to have a highly capable and experienced leader step in during this important phase. Under their stewardship, we remain committed to driving our digital-first growth strategy, strengthening customer engagement, and enhancing stakeholder value.”
The Bank also reaffirmed its commitment to a transparent and timely appointment process for the full-time MD & CEO position, in alignment with regulatory guidelines and corporate governance best practices.
