Karnataka Bank has announced a change in its Senior Management. Mr. Ravichandran S., General Manager of the Legal & Recovery Department, is set to retire upon attaining superannuation effective at the close of business hours on February 28, 2026. Consequently, he will cease to be a Senior Management Personnel on this date. The bank provided the required details regarding this retirement as per regulatory guidelines.
Change in Senior Management Announced
Karnataka Bank Ltd. has officially informed exchanges regarding a change in its Senior Management structure pursuant to applicable regulations. The key personnel involved is Mr. Ravichandran S., who currently serves as the General Manager within the Legal & Recovery Department.
Details of Cessation
The change is due to Mr. Ravichandran S. attaining superannuation. His last working day and cessation from services, as well as from his role as Senior Management Personnel, will be at the close of business hours on February 28, 2026.
Regulatory Disclosure Annexure
As required, the disclosure provided confirms that the reason for the change is Retirement by Superannuation. Mr. Ravichandran S. will retire from the services of the Bank on 28.02.2026. The disclosure further confirms that the term of appointment, brief profile, and disclosure of relationships between directors are Not Applicable in this context, as the change is a scheduled retirement.
Source: BSE
