CSB Bank Limited announced the retirement of its MD & Chief Executive Officer C. VR. Rajendran. He will continue to lead the bank till March 30, 2022, the statement said.
“After leading CSB Bank for over 5 years and playing a vital role in its transformation journey and being instrumental in making the bank cross multiple milestones, Mr. C. VR. Rajendran has decided to take an early retirement from the post of Managing Director & CEO to take care of his health under the advice of his physicians. Mr. Rajendran will continue to lead the Bank till March 31, 2022. His decision to move on from the post of Managing Director & CEO has been approved by the Board of Directors in a meeting held today,” the bank said in its exchange filing.
Established in 1920 as The Catholic Syrian Bank Limited, CSB Bank Limited is one of the oldest private sector banks in India, having a strong presence in Kerala along with significant presence in Tamil Nadu, Maharashtra and Karnataka.
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