Karur Vysya Bank (KVB) has re-appointed B Ramesh Babu as Managing Director (MD) and CEO for a third term of two years, effective July 29, 2026. The decision, made on January 23, 2026, is subject to Reserve Bank of India and shareholder approval. Babu, not related to any KVB director, previously served as Deputy Managing Director & Chief Operating Officer at State Bank of India.
Leadership Continuity
B Ramesh Babu has been re-appointed as the Managing Director and CEO of Karur Vysya Bank. The board approved his re-appointment on January 23, 2026, for a third term of two years.
Terms and Conditions
The re-appointment will be effective from July 29, 2026. The approval from the Reserve Bank of India and the bank’s shareholders is still pending. This re-appointment ensures continuity in KVB’s leadership.
B Ramesh Babu’s Background
B Ramesh Babu has comprehensive managerial experience, creating high performance organizations through various successful HR initiatives and Relationship Management. He previously held the position of Deputy Managing Director & Chief Operating Officer at State Bank of India, overseeing Retail Business and Banking Operations across 21,000 retail branches and 1,20,000 other touch points.
KVB Performance
Under his leadership (from June 2020 to December 2025), KVB has shown consistent progress in growth, profitability, and asset quality. The bank’s business growth has reached a CAGR of 14%. Return on Assets (ROA) has improved from 0.59% (Q1 2020) to 2.05% (Q3 2025), and Return on Equity (ROE) has increased from 6.29% to 20.48% during the same period. Net NPA declined from 3.44% to 0.19%.
Source: BSE
