Karnataka Bank’s Board of Directors has approved the re-appointment of Dr. D S Ravindran and Mr. Balakrishna Alse S as Non-Executive, Independent Directors for another three years. Dr. Ravindran’s new term begins on April 1, 2026, while Mr. Alse’s starts on May 26, 2026. These appointments are subject to shareholder approval.
Independent Directors Re-appointed
The Board of Directors has re-appointed Dr. D S Ravindran and Mr. Balakrishna Alse S as Non-Executive, Independent Directors. The decision was made at a board meeting held on January 27, 2026, based on the recommendation of the Nomination & Remuneration Committee of the Board (NRC).
Terms and Effective Dates
Dr. D S Ravindran’s re-appointment is effective from April 1, 2026, with a term lasting until March 31, 2029. Mr. Balakrishna Alse S’s re-appointment commences on May 26, 2026, and will continue until May 25, 2029. These re-appointments are pending shareholder approval.
Director Profiles
Dr. D. S. Ravindran (PhD), an Indian Forest Service Officer (IFS) of the 1986 batch, has over 34 years of experience in public policy, e-governance, forestry, renewable energy, financial systems and large-scale technology implementation. He previously held key positions in the Government of Karnataka and currently serves as Consulting Advisor to the Treasury Department, Government of Karnataka. He has been serving as a Non-Executive, Independent Director of The Karnataka Bank Limited since April 1, 2021.
Mr. Balakrishna Alse S., a B.Sc. (Agri) graduate and Certified Associate of Indian Institute of Bankers (CAIIB), has over 35 years of experience across credit, risk management, cybersecurity, HR and branch operations. He served as Executive Director of Oriental Bank of Commerce and as Officer on Special Duty at Punjab National Bank. Post superannuation, he was a member of the Canara Bank’s Settlement Advisory Committee. He has been a Non-Executive, Independent Director of The Karnataka Bank Limited since May 26, 2021.
Board Meeting Details
The Board Meeting commenced at 10:30 AM and concluded at 08:15 PM on January 27, 2026.
Source: BSE
