The board of directors of South Indian Bank on March 28 considered the request of managing director & CEO Murali Ramakrishnan to not apply for an extension of his tenure after September 30, on account of personal and family reasons, as per an exchange notice by the bank.
“This is to inform that the board of directors of the Bank, in their meeting held today, i.e., March 28, 2023, considered the request of Mr. Murali Ramakrishnan, managing director & CEO, not to offer himself for re-appointment due to personal reasons/family circumstances, on completion of his current term, i.e. up to September 30, 2023,” the notice said.
It added that the board has constituted a search committee…
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