Karur Vysya Bank's chief executive officer (CEO) and managing director (MD) P R Seshadri has resigned, citing personal reasons. The bank has informed stock exchanges that Seshadri will continue to function till the end of this financial year 2019-20.
"We hereby advise that Shri P R Seshadri, Managing Director & CEO submitted his resignation vide letter dated 04th January 2020 owing to his personal reasons. Board of Directors of the Bank in their meeting held today has accepted the resignation of ShriP R Seshadri," Karur Vysya Bank said in a BSE filing.
He will be relieved from the services of the bank at the close of working hours on 3lst March 2020 as per his request.
