RBI approves appointment of Ajith Kumar KK as Dhanlaxmi Bank’s MD & CEO

RBI approves appointment of Ajith Kumar KK as Dhanlaxmi Bank’s MD & CEO

MUMBAI :The Reserve Bank of India (RBI) has approved the appointment of Ajith Kumar KK as the managing director and chief executive officer of Dhanlaxmi Bank.

In a notification to the exchanges on Friday, the bank said that its board of directors will soon convene a meeting to approve Kumar’s appointment, and seek shareholder permission thereafter, as per regulatory provisions.

Kumar is set to succeed J.K. Shivan,…
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Source: https://www.livemint.com/industry/banking/rbi-approves-appointment-of-ajith-kumar-k-k-as-new-dhanlaxmi-bank-md-ceo-company-shares-down-2/amp-11713499034111.html