Board approves re-appointment of Praveen Kutty as MD & CEO for three years
Board of DCB Bank has approved the re-appointment of Mr. Praveen Kutty as Managing Director & CEO.
By ScoutQuest · · 2 min read
- Re-appointment Term
- three (3) years, from April 29, 2027 to April 28, 2030
- Banking Experience
- over 35 years of banking experience
- Current Role Since
- MD & CEO since April 29, 2024
Board approves a fresh term for the Managing Director & CEO
The Board of Directors of DCB Bank, at its meeting held on October 23, 2026, approved the re-appointment of Mr. Praveen Kutty as the Managing Director & CEO of the Bank. The decision was taken on the recommendation of the Nomination and Remuneration Committee.
Terms of the re-appointment
- Further period of three (3) years
- Effective from April 29, 2027 to April 28, 2030, both days inclusive
- On such terms and conditions as may be approved by the RBI
- Subject to the subsequent approval of the shareholders
What is still pending
The re-appointment is subject to approval by the Reserve Bank of India and to shareholders' approval afterwards. The update says further disclosures will be made after receipt of communication from the RBI.
Who is Mr. Praveen Kutty:
- Currently serving as Managing Director & CEO of the Bank since April 29, 2024
- Brings over 35 years of banking experience
- Associated with the Bank in various capacities from the year 2007, heading Retail Banking, Agri Banking & SME Banking
- Before joining the Bank, worked with Citibank India and North America, managing consumer banking businesses including Credit Cards, Personal Loans, Home Loans, Branch Banking, Wealth Management and NRI Banking
- Holds a B. Com and an MBA degree
- Does not hold directorship in any other company or body corporate
- Not debarred from holding office of director by virtue of any SEBI order or any other such authority
- Not related to any other Director or Key Managerial Personnel of the Bank
How to read this
A re-appointment at the top keeps the leadership of the bank unchanged for the next term, which is generally read as continuity. The appointment is not yet final — it moves to the RBI for approval and then to shareholders. Investors can track the RBI communication and the shareholder approval as the next steps in this process.
Also from DCB Bank
DCB Bank makes audio recording of October 23, 2026 earnings call on Q2/H1 FY2027 results available
23 Oct 2026
Head of Corporate Banking resigns; Board approves three senior management changes
23 Oct 2026
Board approves re-appointment of Thiyagarajan Kumar as Non-Executive (Independent) Director
23 Oct 2026
More numbers
- Further period of re-appointment as MD & CEOthree (3) years
- Banking experience of Mr. Praveen Kuttyover 35 years
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.