Karur Vysya Bank590003Routine director change
COO Chandrasekaran M S demits office on completion of tenure; Ramshankar R takes charge from 16 October 2026
Chandrasekaran M S, Chief General Manager & Chief Operating Officer (KMP/SMP), demitted office on 15th October 2026 at close of office hours on completion of tenure.
By ScoutQuest · · 1 min read
- Outgoing COO Demission Date
- demitted office on 15th October 2026 at close of office hours on completion of tenure
- Incoming COO Takes Charge
- Shri Ramshankar R takes charge as COO from 16th October 2026
- Prior Communication Reference
- earlier communication dated 23rd June 2026
What the update says
- Shri Chandrasekaran M S held the position of Chief General Manager & Chief Operating Officer and formed part of the Bank's Key Managerial Personnel and Senior Management Personnel.
- He demitted office on 15th October 2026 at the close of office hours.
- The stated reason for the change is completion of his tenure.
Who takes over
- Incumbent Chief General Manager Shri Ramshankar R will take charge as Chief Operating Officer with effect from 16th October 2026.
- The Bank notes this is in continuation of its earlier communication dated 23rd June 2026.
- The incoming officer's charge begins the day after the outgoing officer demitted office.
How to read it
- This is a change at the level of the Chief Operating Officer, a role the Bank classifies under both Key Managerial Personnel and Senior Management Personnel.
- The change is on account of tenure completion, and the successor has already been named with a defined date of taking charge.
- In the disclosure table for Shri Chandrasekaran M S, the columns for Term of Appointment, Brief Profile, and Disclosure of Relationship between Directors are marked Not Applicable.
What investors may note
- Such updates are routine intimations of movement in senior management and key managerial roles. What is set out here is the cessation, the reason, and the appointment of the replacement.
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Source: BSE · 16 Oct 2026
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