Private sector lender Tamilnad Mercantile Bank Limited announced the resignation of S. Krishnan as Managing Director and Chief Executive Officer of the Bank.
According to the Bank’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and we would like to inform that Shri. S. Krishnan (DIN:07261965), Managing Director and CEO of the Bank vide his letter dated September 28, 2023, tendered his resignation citing personal reasons.”
S. Krishnan is a veteran banker having about four decades of experience, took charge as the MD & CEO of the Bank with effect from 4th September 2022.
Earlier, he was the MD & CEO of Punjab & Sind Bank. During his period there was total transformation of the Bank on all the fields. Further, during his period, the Bank was turned around.
Prior to joining Punjab & Sind Bank as MD & CEO, he was the Executive Director of Syndicate Bank and Canara Bank from 1st November 2017 to 3rd September 2020. He spearheaded the merger process of Syndicate Bank with Canara Bank.
He started his Banking career in January 1983 at Indian Bank. In a career spanning more than three decades, he gained expertise in almost all the key areas of banking. He headed vital verticals of the Bank like Risk Management, Information Systems Security, HR etc. He was also Executive Secretary to the Board of Indian Bank.
He was a member of the Managing Committee of IBA and also alternate Chairman of IBA’s Standing Committee on Agriculture & Allied Activities. He was also a member of IBA’s Sub-Committee on Performance Management System in Public Sector Banks.
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