P R Seshadri, managing director and CEO of Karur Vysya Bank, resigned from the position citing personal reasons. He will be relieved from the services of the Bank at the close of working hours on 31st March 2020 as per his request, the Bank informed the exchanges on Saturday.
In a BSE filing, the company said, “We hereby advise that Shri P R Seshadri, Managing Director & CEO submitted his resignation vide letter dated 04th January 2020 owing to his personal reasons. Board of Directors of the Bank in their meeting held today has accepted the resignation of Shri P R Seshadri.”
P. R. Seshadri has experience of over 25 years spanning multiple geographies. He is an alumnus of the Indian Institute of Management, Bangalore and Delhi College of Engineering. He has significant experience in working in highly regulated businesses / environments in Asia / UK.