Suryoday Small Finance Bank Limited, one of India’s leading small finance bank, announced the appointment of Krishna Prasad Nair as Non-Executive Part-time Chairman, with effect from November 1, 2023.
According to the Bank’s exchange filing, “In continuation to our letter dated September 24, 2023, we would like to inform that the RBI vide its Letter No. DoR.GOV.No.S4404/29.44.006/2023-24 dated November 01, 2023, has accorded its approval for the appointment of Mr. Krishna Prasad Nair (DIN: 02611496), Independent Director, as Non- Executive Part-time Chairman of the Bank, effective from November 01, 2023 to July 21, 2026, in accordance with the provisions of the Banking Regulation Act, 1949, and the rules, guidelines and circulars issued by the RBI from time to time, in this regard, which has been duly taken on record by the Board of Directors of the Bank on November 01, 2023.”
Nair holds a Bachelor’s Degree in Commerce from Madras University and MBA from Cochin University of Science & Technology.
He is a career banker and a veteran in the financial services sector with over 38 years of experience with Indian Overseas Bank (6 years) and IDBI Bank (32 years). He has attended various trainings with IIM-A, CAFRAL, RBI and Kellogg School of Business, USA. He served as Deputy Managing Director in IDBI Bank from September 2016 to May 2019 during which he handled Retail Banking, Corporate Banking, NPA Management, HR, IT, Administration & Facilities Management and was Chair and a Member of Credit and ALCO Committees.
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