New CFO takes charge; outgoing CFO moves to COO role
KARURVYSYA · price
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On the reaction day the stock moved 0.5 pts more than Nifty Smallcap 250 and 0.4 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Karur Vysya Bank has appointed Shri Ramasamy G V as its new Chief Financial Officer and Key Managerial Personnel in the rank of General Manager, effective 1 September 2026. He was previously Senior DGM at the bank. The outgoing CFO, Shri Ramshankar R, has been elevated to Chief General Manager and is transitioning to the role of Chief Operating Officer.
Smooth internal succession with no disruption; existing CFO elevated within the bank and a senior insider taking over finance leadership.