The Karnataka Bank Limited has informed the Exchange about Extension oftenure of Mr. Raghuram H. S., as the Chief Risk Officer of the Bank
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Karnataka Bank has extended the tenure of its Chief Risk Officer, Mr. Raghuram H. S., for a further two years effective June 8, 2025, until June 30, 2027. The extension is subject to an interim review after one year and is in line with RBI guidelines on the appointment of Chief Risk Officers in banks. Mr. Raghuram, who has been with the bank since 1994, was first appointed as CRO in June 2022 and has over three decades of experience in risk management, treasury, credit and foreign exchange. This is a continuity announcement with no change in leadership at the top risk management position.
This is a routine administrative announcement and signals stability in the bank's risk management function. No material impact is expected on the stock price or shareholder value.