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VJ Kurian has been appointed as the next Chairman of South Indian Bank

South Indian Bank Has Appointed VJ Kurian As Its New Chairman

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South Indian Bank Has Appointed VJ Kurian As Its New Chairman
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Description

VJ Kurian has been named as the South Indian Bank's non-executive part-time chairman, based in Thrissur. His appointment is scheduled to begin on November 2, 2023, and will last until March 22, 2026. This development follows regulatory permission from the Reserve Bank of India (RBI) and comes as Salim Gangadharan, the current non-executive part-time chairman, prepares to retire on November 1, 2023, at the end of his term.

Salim Gangadharan, the outgoing non-executive part-time chairman, will step down on November 1, 2023. This shift marks the conclusion of his term, allowing VJ Kurian to take up this vital responsibility.

VJ Kurian: The Incoming Chairman

VJ Kurian, the South Indian Bank's recently appointed non-executive part-time chairman, is due to take the lead. His appointment reflects his experience and expertise, which will help the bank through a critical era. The bank may anticipate a new viewpoint and guidance that is consistent with the bank's mission and objectives. His leadership will be critical in establishing the South Indian Bank's future orientation.

RBI Approval

The Reserve Bank of India (RBI), India's governing body supervising the banking industry, has officially approved VJ Kurian's appointment as the bank's non-executive part-time chairman. This regulatory approval is critical to enabling a smooth transition of leadership within the bank.

South Indian Bank: A Major Player in Banking

South Indian Bank, based in Thrissur, is a major player in the banking industry. The appointment of VJ Kurian as the bank's new chairman is intended to improve the bank's operations, strategy, and governance.


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