Media Release

Mangaluru, Jul 14: Leading south Indian private bank - Karnataka Bank, is pleased to announce the appointment of Raghavendra S Bhat as the managing director & CEO of the bank. The appointment is effective from July 16 for a period of three months.

The appointment is subject to approval by shareholders at the ensuing annual general meeting or within a period of 3 months as per SEBI (LODR) Regulations, 2015 from the date of assuming charge, whichever is earlier. Karnataka Bank is confident that Raghavendra S Bhat’s expertise and leadership will drive the bank towards continued growth and success.

Raghavendra S Bhat has previously held key positions including COO at Karnataka Bank Ltd for nearly four decades.

Chairman P Pradeep Kumar said, “We are happy to welcome back Raghavendra S Bhat to Karnataka Bank. His wealth of experience and expertise will be invaluable in driving our continued growth and success. We look forward to working with him in delivering value to our customers and shareholders.”

Raghavendra S Bhat said, “I am proud to join Karnataka Bank as managing director & CEO. With over a century of trust and goodwill built by the bank, I look forward to working with all the stakeholders to further build and grow on that strong foundation.”