Karur Vysya Bank Limited announced the appointment of Jana Sivaramakrishna as Chief Risk Officer of the bank, with effect from May 3, 2023. He succeeds S Kalyanram, who has resigned from the role due to personal reasons.
According to the bank’s exchange filing, “In terms of Reserve Bank of India’s Circular dated April 27, 20 17, we wish to inform that Shri Jana Sivaramakrishna has been designated as Chief Risk Officer (CROC of the Bank with effect from 03.05.2023, as the incumbent Shri S Kalyanram has tendered his resignation due to personal reasons.”
Jana Sivaramakrishna is a Post Graduate in Business Administration and a Graduate in Commerce with 29 years of experience in banking. In his career, he has managed diverse functions of Credit Management, Underwriting, and Operations particularly in MSME sector with leading Banks like CSB Bank, Axis Bank and Yes Bank.
Jana Sivaramakrishna joined Karur Vysya Bank (KVBI in Jun 2019 as Deputy General Manager – CBG (Commercial Banking Group). He has been instrumental in formation and functioning of Business Banking IJnit, an initiative of KVB focusing on non-branch sourcing. He has also played a significant part in setting up policies and processes in line with KVBs risk appetite and ensuring its compliance.
He started his career as an officer in CSB Bank in 1993 and then moved on to Axis Bank, where he held diverse positions ranging from Analytical, Relationship and Leadership roles. In his immediately previous role, he served Yes Bank as Cluster Business Leader for Karnataka and Kerala states, where he was responsible for the growth of the Bank’s MSME Portfolio and its asset quality.
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