Karnataka Bank has appointed Mrs. Biji Sreekrishnavilas Sankaranarayanan as the interim Managing Director & Chief Executive Officer (MD & CEO). Her appointment is effective from November 16, 2026, for a period of two months or until a regular MD & CEO takes charge. The Reserve Bank of India has approved this interim arrangement.
Leadership Appointment
The Board of Directors of Karnataka Bank, in a meeting held on November 15, 2026, has appointed Mrs. Biji Sreekrishnavilas Sankaranarayanan (DIN: 11534526) as the interim Managing Director & Chief Executive Officer (MD & CEO) of the Bank. She was previously serving as the Executive Director.
Interim Tenure Details
This interim appointment is effective from November 16, 2026, and will continue for a period of two months. The tenure will end either upon the completion of two months or on the date a full-time, regular MD & CEO assumes charge, whichever occurs earlier.
Regulatory Approval
The Reserve Bank of India has conveyed its approval for this interim appointment of Mrs. Sankaranarayanan through a letter dated November 11, 2026.
Director Information
The bank confirms that Mrs. Biji Sreekrishnavilas Sankaranarayanan has not been debarred from holding the office of a Director by any order from SEBI or any other authority. Her brief profile highlights 31 years of experience in strategic banking, covering corporate banking, retail, liabilities, secured assets, transformation, and digital modernization. She holds a Postgraduate degree in Mathematics, an MBA in HR, and a Professional Certification in Management of Social Initiatives.
Mrs. Sankaranarayanan is not related to any other Director on the Board of Directors of the Bank.
Meeting Concluded
The Board Meeting commenced at 05:25 PM and concluded at 09:00 PM on November 15, 2026.
Source: BSE
