Karur Vysya Bank Names Senior Leaders; Ramasamy G V Appointed Chief Financial Officer

Karur Vysya Bank Names Senior Leaders; Ramasamy G V Appointed Chief Financial Officer​

Karur Vysya Bank Limited (KVB) announced key changes in its senior management personnel following a Board meeting held on June 23, 2026. The appointments and elevations cover roles spanning corporate banking, finance, operations, treasury, legal, and recovery, impacting various departments within the bank.

Shri Ravinder Aggarwal has been appointed as Head of Corporate and Institutional Group (CIG) in the rank of General Manager. His appointment is effective from the date of taking charge. Mr. Aggarwal brings extensive experience to the role, having served in senior leadership capacities across Large Corporate Banking, NBFCs, Asset Reconstruction Companies (ARCs), or Development Finance Institutions (DFIs).

Major shifts are underway within the bank's finance and operations departments. Shri Ramasamy G V, who was previously Senior Deputy General Manager and Head of Accounts and Taxation, has been elevated to the rank of General Manager and appointed as Chief Financial Officer (CFO) and Key Managerial Personnel. This role is effective from September 01, 2026. In his new capacity, Shri Ramasamy G V will be responsible for finance and control matters, reporting to Shri Ramshankar R.

Meanwhile, Shri Ramshankar R has been elevated in rank. He moves from General Manager and Chief Financial Officer (CFO) to Chief General Manager, effective September 01, 2026. Furthermore, he is appointed as Chief Operating Officer (COO), Material Risk Taker, and Key Managerial Personnel, effective October 16, 2026. This transition follows the conclusion of the incumbent Chief Operating Officer’s tenure on October 15, 2026. Shri Ramshankar R will continue to oversee the Finance and Control Department. Mr. R possesses a qualification as a Chartered Accountant and holds a Diploma in Information Systems Audit, with overall experience spanning 29 years since joining KVB in 2012.

In other key appointments for Senior Management Personnel (SMP), Shri Vippala Ramachandrareddy has been elevated to General Manager and Head of Treasury. This appointment is effective from June 23, 2026. Mr. Ramachandrareddy has served the bank since 2017 and has 33 years of overall experience, including his tenure as Head of Treasury since 2022.

Additionally, Shri Ramu S, who holds a master's degree in law and is an Advocate, has been classified as Senior Management Personnel (SMP) effective June 23, 2026, as the Head of Legal & Recoveries. Mr. Ramu S has served the bank since 2018, accumulating 14 years of overall experience in Law and Banking.

The bank continued its meeting with a focus on internal transitions to ensure continuity across critical functional areas, including finance, operations, treasury management, legal affairs, and corporate banking supervision.

KARURVYSYA Stock Price Movement​

Shares of Karur Vysya Bank Limited slipped by 0.91% today, finishing the session and settling at ₹294.55. The stock saw a total traded volume of 1.51 million shares during the day's trading activity.