Key Personnel Changes

1. Elevations to New Grades:

  • Mr. Alagarsamy S has been elevated to the post of Chief General Manager of the Bank effective 01.07.2026. He has also been designated as Chief Compliance Officer of the Bank with effect from 01.07.2026. He joined the Bank in September 1991 and has more than 34 years of experience in the Banking Industry. His qualifications include M.Sc., CAIIB, and certifications in Risk in Financial Services, IT & Cyber Security for CXOs, Certified Accounting and Audit Professional, Certified Treasury Professional, and Certified Credit Professional.
  • Mr. Vikram Khera has been elevated to the post of General Manager of the Bank effective 01.07.2026. He joined the Bank in August 2008 and has 17 years of experience in the Banking Industry. His qualifications include M.Sc, MBA, B.I.T, Certificate in Forex, and he is a Certified Associate of Indian Institute of Bankers (CAIIB).

Functional Reassignments

1. Mr. Sanjay Kumar Singh, General Manager

  • Effective Date: 01.07.2026
  • Change: Change in functional assignment
  • New Portfolios Allocated: Accounts
  • Existing Portfolios: Conduct and Disciplinary Action Cell
  • Background: He joined the Bank in March 1999 and has more than 27 years of experience in the Banking Industry. Qualifications: B.A (Hons) and CAIIB.

2. Mr. Sathia Narayanan, General Manager

  • Effective Date: 01.07.2026
  • Change: Change in functional allocation
  • New Portfolios Allocated: Enterprise Data Management Department
  • Existing Portfolios: Digital Centre of Excellence & Management Information Systems Department
  • Background: He joined the Bank in February 1989 and has more than 37 years of experience. Qualifications: M.Sc and CAIIB.

3. Mr. Harjit Singh, Deputy General Manager

  • Effective Date: Date of reporting, i.e., 06.07.2026
  • Change: Change in functional assignment
  • New Portfolios Allocated: Agriculture and Rural Banking Department, SLBC and RRB
  • Existing Portfolios: Chief Regional Manager, Regional Office Vijayawada
  • Background: He joined the Bank in April 1999 and has more than 27 years of experience. Qualifications: M.A, CAIIB, Customized Certification Program on Compliance in Banks, Certificate in Forex, and Certified Credit Officer Course.

4. Mr. Rakesh Sasikumar, Deputy General Manager

  • Effective Date: 01.07.2026
  • Change: Change in functional assignment
  • New Assignment: Head of Department, Jewel Loan Cell
  • Earlier Designation: DGM, Jewel Loan Cell
  • Background: He joined the Bank in November 2006 and has more than 19 years of experience. Qualifications: M.B.A, B.E.S., CAIIB, Certificate Course on MSME, Certified Credit Professional, Certificate in FOREX, Credit Skills for Bankers-Retail Lending, and Credit Skills for Bankers-SME Credit.

5. Mr. Vilender Kumar, Deputy General Manager

  • Effective Date: 01.07.2026
  • Change: Change in functional assignment
  • New Assignment: Head of Department - All Government Lending Schemes relating to Retail, Agri & MSME Departments & Financial Inclusion
  • Earlier Assignment: DGM - MSME Department
  • Background: He joined the Bank in January 2005 and has more than 21 years of experience. Qualifications: B.Sc, CAIIB, Certificate Course on MSME, Customized Certification Program on Compliance in Banks, Certificate Exam in IT Security, and Certificate in Forex.

Additional Information

  • Disclosure of relationship between Directors was noted as Not Applicable.
  • The intimation was digitally signed by Raghuram Mallela, Deputy General Manager/ Company Secretary & Compliance Officer, on 2026.07.01.

Financial Impact

Financial impact not quantified in the disclosure.