VJ Kurian, a seasoned leader, is all set to take the reins as the non-executive part-time chairman of South Indian Bank, headquartered in Thrissur. His appointment, scheduled to commence on November 2, 2023, and continue until March 22, 2026, comes after receiving the green light from the Reserve Bank of India (RBI). This transition follows the retirement of Salim Gangadharan, the current non-executive part-time chairman, whose term concludes on November 1, 2023.
Salim Gangadharan, the outgoing non-executive part-time chairman, is poised to retire from his role on November 1, 2023, as his term reaches its conclusion, paving the way for VJ Kurian’s arrival in this pivotal position.
The newly appointed non-executive part-time chairman, VJ Kurian, is poised to steer South Indian Bank. His appointment underscores his extensive experience and expertise, which are expected to guide the bank through a pivotal phase. The bank can anticipate fresh perspectives and guidance that align with its vision and objectives. His leadership will play a pivotal role in shaping the bank’s future direction.
The Reserve Bank of India (RBI), as the regulatory authority overseeing India’s banking sector, has granted official clearance for VJ Kurian’s appointment as the bank’s non-executive part-time chairman. This regulatory endorsement is a crucial step in ensuring a seamless transition in leadership within the bank.
South Indian Bank, established on January 25, 1929, has its headquarters in Thrissur, Kerala. The appointment of VJ Kurian as the new chairman is expected to exert a positive influence on the bank’s operations, strategy, and governance.