Senior management reshuffle: new CFO and COO appointments lined up
KARURVYSYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Karur Vysya Bank announced senior management changes on June 23, 2026. Current CFO Ramshankar R will be elevated to Chief General Manager from Sept 1, 2026, and take over as COO from Oct 16, 2026, succeeding MS Chandrasekaran. Ramasamy G V will become the new CFO from Sept 1, 2026. Ravinder Aggarwal, ex-Bank of Baroda General Manager with 27 years experience, joins as Head of Corporate and Institutional Group. Two internal elevations to Senior Management Personnel status were also approved.
Orderly internal succession with no leadership gap. External hire adds corporate banking depth. Likely neutral to mildly positive for governance and continuity.