Board approves change in senior management personnel; four designation changes from Oct 16 and Nov 1, 2026
Board approves a change in Senior Management Personnel on the Nomination and Remuneration Committee's recommendation, citing operating and reporting structural changes of the Bank.
By ScoutQuest · · 2 min read
- Designation Change - Anto George T
- Executive Vice President & Chief Operating Officer to Executive Vice President & Chief Business Officer, from Nov 1, 2026
- MRT Identification
- Mr. Anto George T identified as Material Risk Taker (MRT) per RBI guidelines
- Effective Date - Other Changes
- From Oct 16, 2026 - Mr. Nandakumar G, Mr. Vijith S, Ms. Rekha V R
What was approved
The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has approved a change in the Bank's Senior Management Personnel. The stated reason is the operating and reporting structural changes of the Bank. The Board meeting commenced at 11:00 AM and concluded at 07:30 PM.
The designation changes
- Mr. Anto George T: Executive Vice President & Chief Operating Officer becomes Executive Vice President & Chief Business Officer, effective November 01, 2026. He is also identified as Material Risk Taker (MRT) of the Bank as per RBI guidelines.
- Mr. Nandakumar G: Head of Internal Audit and Chief of Internal Vigilance becomes Head - Banking Operations Group, effective October 16, 2026.
- Mr. Vijith S: Head - Strategic Alliances and Digital Business becomes Head of Internal Audit, effective October 16, 2026.
- Ms. Rekha V R: Head - Vigilance Division becomes Chief of Internal Vigilance, effective October 16, 2026.
The people involved
- Mr. Anto George T is 58 years old, holds an MBA in Human Resource Management and has over three decades of experience across banking functions, including branch and regional roles, internal audit and vigilance, and is presently acting as Executive Vice President & Chief Operating Officer.
- Mr. Nandakumar G is 54 years old and has been associated with the Bank for more than 30 years. He was appointed Head of Internal Audit (HIA) and Chief of Internal Vigilance (CIV) with effect from 01.06.2023.
- Mr. Vijith S is 50 years old, a Chartered Accountant who joined the Bank in 2006 as Manager, with over 20 years of experience. He has also acted as Chief Compliance Officer of the Bank, and is presently acting as Head - Strategic Alliances & Digital Business Department.
- Ms. Rekha V R is 45 years old, an Engineering graduate and a Certified Fraud Examiner, with more than 22 years of experience in the Bank and more than 1.5 years in the department.
Points a retail investor may note
- The update describes this as a change in the Bank's Senior Management Personnel, and each person moves from one senior role to another within the Bank.
- Mr. Anto George T's new role also carries the identification as Material Risk Taker (MRT) of the Bank as per RBI guidelines.
- Three of the four changes take effect from October 16, 2026, and one from November 01, 2026.
- Against "Date of appointment & Term of appointment", the update records "Not applicable", as this is a change in designation.
- On relationships, the update states that none of the above Personnel are related to any Directors of the Bank.
In short
The Board has approved four senior management designation changes - three effective October 16, 2026 and one effective November 01, 2026 - explained as arising from the operating and reporting structural changes of the Bank.
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More numbers
- Mr. Anto George T - age58 years
- Mr. Nandakumar G - age54 years
- Mr. Vijith S - age50 years
- Ms. Rekha V R - age45 years
- Mr. Nandakumar G - association with the Bankmore than 30 years
- Mr. Vijith S - experienceover 20 years
- Ms. Rekha V R - experience in the Bankmore than 22 years
- Ms. Rekha V R - time in the departmentmore than 1.5 years
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