Tamilnad Mercantile Bank Limited has appointed Shri. S. Ilangovan as the new Head of Internal Audit, effective November 11, 2024. He will serve in this role for a period of three years, replacing Shri. K. Ananth, whose term will come to an end on the same day. Shri. Ilangovan holds a Bachelor’s degree in Science and has completed MBA, CAIIB, and CISA. He has a rich banking experience of over 33 years, having started his career with State Bank of India in 1990. During his tenure at SBI, he has headed various branches and administrative offices. Prior to joining SBI, he worked at Indian Overseas Bank. Shri. Ilangovan’s appointment as Head of Internal Audit is a significant development for the bank, and he is expected to bring his extensive experience and expertise to the role.

Source: https://www.marketscreener.com/quote/stock/TAMILNAD-MERCANTILE-BANK–143774977/news/Tamilnad-Mercantile-Bank-Limited-Announces-Head-of-Internal-Audit-Executive-Vice-President-Changes-48321143/