DCB Bank announced the reappointment of Mr. Krishnan Sridhar Seshadri as the Whole Time Director (Executive Director) for a period of one year, effective from June 13, 2026, to June 12, 2027. The decision was ratified by the Board based on the Nomination and Remuneration Committee’s recommendation during the meeting held on February 17, 2026. Mr. Seshadri brings over 40 years of banking experience, including previous roles as Chief Risk Officer.
Board Approval for Director Reappointment
DCB Bank Limited has confirmed the reappointment of Mr. Krishnan Sridhar Seshadri (DIN: 10508808) as the Whole Time Director, also designated as the Executive Director of the Bank. This decision was formalized by the Board of Directors during their meeting on February 17, 2026, following the recommendation put forth by the Nomination and Remuneration Committee.
Term and Conditions
The reappointment is approved for a tenure of One (1) year, commencing on June 13, 2026, and concluding on June 12, 2027 (both dates inclusive). The terms and remuneration associated with this role are subject to subsequent approval by the Shareholders and must align with conditions stipulated by the Reserve Bank of India (RBI).
The announcement confirms that Mr. Seshadri is not debarred from holding a director’s office by any regulatory authority, nor is he related to any other Key Managerial Personnel or Director of the Bank.
Profile Summary of Mr. Seshadri
Mr. Krishnan Sridhar Seshadri possesses extensive banking expertise spanning over 40 years. Prior to this announcement, he served as the Bank’s Chief Risk Officer since May 2017. His experience covers various critical areas including branch banking, loan origination and management, system administration, and financial control.
Before joining DCB Bank as Financial Controller in 2009, Mr. Seshadri held roles at ICICI Bank (having joined near its inception), Syndicate Bank, and State Bank of India. Academically, Mr. Seshadri holds a Master’s degree in Commerce (M.Com.) and is a Certified Associate of the Indian Institute of Bankers (CAIIB).
Next Steps
Further formal disclosures regarding the reappointment will be made by the Bank upon receiving the necessary communication and final approval from the RBI.
Source: BSE
