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BIJOY GHOSH
The first bank that will see a change in top leadership in 2024 is Dhanlaxmi Bank. On January 29, the current MD & CEO, JK Shivan, will conclude his three-year tenure. Given that his predecessors gave up on the role in less than a year, it’s quite appreciable that Shivan would have served his full term. Who will replace him isn’t known yet and, more importantly, what next for the bank once he’s gone is a question with no convincing answers. Apparently, five names have been shared with the Reserve Bank of India to be considered for the CEO’s role, but the regulator is yet to revert….
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Dhanlaxmi Bank surviving on a long rope
