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Dhanlaxmi Bank Board approves appointment of J K Shivan as MD and CEO

Dhanlaxmi Bank Board approves appointment of J K Shivan as MD and CEO_4.1

Board of Directors of Kerala-based Dhanlaxmi Bank have given the approval to appoint J K Shivan as managing director and CEO of the Bank. It may be recalled that the shareholders of the Kerala-based had voted against MD & CEO Sunil Gurbaxani On September 30, 2020. Then, in December that year, the lender appointed Shivan as the new MD & CEO.

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However, the banking regulator, Reserve Bank of India (RBI), had asked the Dhanlaxmi Bank Board to get shareholders’ approval before appointing J K Shivan as the next chief of the bank.

Important takeaways for all competitive exams:

  • Dhanlaxmi Bank Headquarters: Thrissur, Kerala.
  • Dhanlaxmi Bank Founded: 1927.

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.