Intimation under Regulation 30 of SEBI(LODR) Regulations, 2015- Change in Senior Management Personnel of the Bank
SOUTHBANK · price
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Ms. Biji S S, Chief General Manager and Head of Branch Banking at South Indian Bank, has opted for voluntary retirement effective June 17, 2026. She submitted her notice on May 18, 2026, citing personal grounds and to pursue opportunities outside the Bank. With 30 years of dedicated service, she has confirmed there are no other material reasons for her departure. The Bank has accepted her retirement request and states that sufficient leadership and oversight are available internally to ensure continuity in managing the role's requirements. She is currently serving her notice period and will assist with a smooth handover of responsibilities.
The departure of a senior executive like the CGM may create short-term uncertainty but the Bank's assurance of internal continuity suggests minimal operational disruption. The voluntary nature and 30-year tenure indicate an amicable exit rather than a governance concern.