South Indian Bank announced the appointment of Mr. Thomson Thomas (DIN: 06948598) as an Additional Director (Non-Executive Independent Director), effective March 23, 2026. This follows the retirement of Mr. V J Kurian on March 22, 2026. Mr. Thomas is a Chartered Accountant with 39 years of experience in finance and corporate governance. His term is set for three consecutive years, subject to shareholder approval.
Key Board Change Notification
South Indian Bank has officially informed exchanges regarding a significant change in its Board composition, effective from March 23, 2026. The Board of Directors has appointed Mr. Thomson Thomas (DIN: 06948598) as an Additional Director, serving in a Non-Executive Independent capacity. This appointment fills the vacancy created by the retirement of Mr. V J Kurian, whose term concludes on March 22, 2026.
Term and Qualifications of New Director
Mr. Thomson Thomas will serve an initial term of three (3) consecutive years, pending ratification by the shareholders in a future meeting. Mr. Thomas, aged 66 years, is a highly experienced Chartered Accountant with 39 years of distinguished expertise spanning Banking, Finance, Corporate Audit, Taxation, Risk Management, and Corporate Governance. He previously served as a Statutory Central Auditor to several major banks.
Professional Standing
Currently, Mr. Thomas is the Principal Partner at the Chartered Accountants firm, M/s. ELIAS GEORGE & CO, based in Kochi. The bank confirms that Mr. Thomson Thomas is not related to any other Directors of the Bank and is not debarred from holding directorial office by any regulatory authority.
Disclosure Timing
This corporate event, concerning the directorship change, occurred on March 21, 2026, at 09:25 p.m. The detailed information and Annexure A outlining the profile have been hosted on the bank’s official website.
Source: BSE
