The Reserve Bank of India (RBI) has approved an extension in the tenure of Murli M Natarajan as the managing director and chief executive officer (MD & CEO) of DCB Bank for a period of two years. His extended term will be applicable from April 29, 2022, to April 28, 2024. Natrajan is serving as MD & CEO of the bank since April 2009.
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RBI has capped the tenure of bank chief executives at 15 years and Natrajan will complete 15 years at the helm of the bank in 2024. The re-appointment as above is subject to the approval of shareholders at the ensuing annual general meeting of the bank.
Important takeaways for all competitive exams:
- DCB Bank Headquarters: Mumbai;
- DCB Bank CEO: Murali M. Natrajan (29 Apr 2009–);
- DCB Bank Founded: 1930.
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