Karnataka Bank appoints Sekhar Rao as interim CEO

Daily Current Affairs / Karnataka Bank appoints Sekhar Rao as interim CEO

Change Language English Hindi

Category : Appointment/Resignation Published on: April 19 2023

Share on facebook

Karnataka Bank has appointed Sekhar Rao as interim managing director and CEO following the completion of the term of the incumbent CEO.
Mahabaleshwara M S, the incumbent managing director and Chief Executive Officer (MD & CEO) of Karnataka Bank, demitted the office on April 14, after successful completion of his second term of three years.
He has been appointed for a period of three months or till the appointment of regular MD and CEO whichever is earlier.
Rao, Executive Director, assumed charge as an interim MD and CEO with effect from April 15, 2023, in terms of RBI approval dated April 12, 2023.

Lt. Gen. Pushpendra Singh to take over as Vice Chief of Army Staff on Friday.
Read More....
Shubman Gill becomes highest run-scorer as Indian Test captain in a single series with 743 runs.
Read More....
From August 1, PSBs allowed to transfer unclaimed assets to IEPF under amended Banking Laws.
Read More....
Cabinet approves four multi-tracking railway projects worth ₹11,169 crore across six states.
Read More....
DPIIT signs MoU with Roche India to support healthcare startups in critical therapeutic areas.
Read More....
Eminent economist and author Lord Meghnad Desai passes away at age 85.
Read More....
ISRO scientist A. Rajarajan appointed Director of Vikram Sarabhai Space Centre from August 1.
Read More....
Khalid Jamil becomes first Indian in 13 years to be appointed head coach of Indian men's football team.
Read More....
Indian Navy receives third Project 17A stealth frigate ‘Himgiri’ from GRSE, Kolkata.
Read More....
World Breastfeeding Week 2025 to be observed from August 1 to 7 with focus on healthcare system support.
Read More....

Karnataka Bank appoints Sekhar Rao as interim CEO