Karnataka Bank gets new MD and CEO

Mahabaleshwara Mavinakudige Subrahmanya has been appointed as the new MD and CEO of Karnataka Bank Ltd.


He succeeds Polali Jayarama Bhat, who voluntarily stepped down 15 months ahead of his three-year term as MD and CEO. Mr. P J Bhat is the new part-time non-executive chairman of a city-based private sector bank described is a well thought out succession planning. While Jayarama Bhat assumed charge on 12th April, Mahabaleshwara MS will do so on April 15.

    Takeaways from above News-
    • Mahabaleshwara Mavinakudige Subrahmanya is the new MD and CEO of Karnataka Bank Ltd
    • He succeeded Polali Jayarama Bhat
    • Mr. P J Bhat is the new part-time non-executive chairman of Karnataka Bank

     If you have any other takeaways, do share with us in the comment section
    Source- Business Line
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