South Indian Bank Announces Leadership Change in Chairman Role
Mumbai, India – March 22, 2026 – The South Indian Bank Limited announced leadership changes regarding its Chairman position, effective March 23, 2026. Mr. V J Kurian, currently serving as Non-Executive Part Time Chairman (Independent Director), will retire from his position on March 22, 2026, concluding his term.Mr. Jose Joseph Kattoor will assume the role of Non-Executive Part Time Chairman (Independent Director) for a three-year term, beginning March 23, 2026, in accordance with Section 10B(1A) of the Banking Regulation Act, 1949.
Mr. Kattoor, aged 62, brings extensive experience from his tenure at the Reserve Bank of India (RBI), where he retired as Executive Director in June 2023. His responsibilities at RBI included the Enforcement Department, Corporate Strategy Department, Currency Department, and Human Resource Department. He holds a B.Sc, PGDRM (IRMA), LLB, CAIIB, and an AMP from Wharton. Mr. Kattoor has served as an Independent Director of the Bank since July 18, 2024.
According to company records, Mr. Kattoor is not related to any other directors of the bank and is not debarred from holding the position by any regulatory authority.
| Key Details | |
|---|---|
| Outgoing Chairman | V J Kurian (DIN: 01806859) |
| Incoming Chairman | Jose Joseph Kattoor (DIN: 09213852) |
| Term of New Chairman | Three years, effective March 23, 2026 |
| Prior Experience | Executive Director, Reserve Bank of India (until June 2023) |
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