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PR Seshadri appointed new MD & CEO of South Indian Bank

 

The Reserve Bank of India had approved the appointment of PR Seshadri as the Managing Director & CEO of South Indian Bank for a three-year term starting from October 1, 2023. Seshadri took over from Murali Ramakrishnan, who had held this position from October 1, 2020, until September 30, 2023.

Professional Background

PR Seshadri is an accomplished banker with 25 years of experience spanning multiple businesses, functional lines, and geographies. He has significant experience in enterprise-level management and in the management of all key commercial banking business lines. Additionally, he has substantial experience in successfully managing investors, boards, and regulatory relationships in multiple geographies.

A Distinguished Business Leader

PR Seshadri is a respected business leader with a proven track record of building and leading large teams to execute and deliver complex business objectives. He demonstrated his ability in creating new businesses as well as in problem solving. He is successful in scaling businesses – both existing and new – taking advantage of new technologies and new market opportunities.

Eductional Background and Professional Positions of PR Seshadri

He holds a Bachelor’s degree in Electrical Engineering from Delhi College of Engineering and a Post Graduate Diploma in Management from the Indian Institute of Management, Bangalore. PR Seshadri has served in various positions, including Managing Director & CEO of The Karur Vysya Bank Limited (KVB), Managing Director & Regional Sales and Distribution Head at Citibank N.A., Asia Pacific, Singapore, among others.

Here is the information in table format:

Position Organization Location
Managing Director & CEO The Karur Vysya Bank Limited (KVB)
Managing Director & Regional Sales and Distribution Head Citibank N.A., Asia Pacific Singapore
Managing Director & Regional Head of Lending, Businesses Citibank N.A., Asia Pacific Singapore
Managing Director CitiFinancial Consumer Finance India Limited (CCFIL) India
Marketing Director Citibank N.A., India Branches India
Head of Structured Finance & Managing Director CFRSIL & Integration Manager – Associates India Limited
Head of Banking Collections Citibank N.A., India India
Head of Automobile Finance – Northern India Citibank N.A., India Northern India
Head of Community Banking, Northern India Northern India
Mortgage Business, Head – Southern India Citi India Southern India

Important takeaways for all competitive exams: 

  • South Indian Bank Headquarters: Thrissur
  • South Indian Bank Founded: 25 January 1929

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