Karnataka Bank Ltd. has disclosed a change in senior management pursuant to Regulation 30 of the SEBI Listing Regulations. The bank has extended the tenure of Mr. Ratheesh R as Head – Training in the cadre of General Manager for a period of one year with effect from August 17, 2026.
Management Change Details
- Reason for Change: Extension of Tenure
- Effective Date: August 17, 2026
- Term of Appointment: The tenure has been extended on a contract basis for a further period of one year
- Previous Tenure: Mr. Ratheesh R originally joined Karnataka Bank Limited as 'Head-Training' at Staff Training College, Mangaluru on August 17, 2023 in General Manager cadre on contract basis for a period of three years
Executive Profile
Mr. Ratheesh R is a seasoned banking professional with over 39 years of extensive experience. He started his career in 1984 with the erstwhile Corporation Bank and retired as General Manager from Union Bank of India in April 2023. During his banking career, he has held diverse roles across branches and controlling offices in major cities, gaining expertise in:
- Credit portfolio management
- MSME & Large Corporate Lending
- Export Credit
- Risk evaluation
- Stressed Asset Recovery Management
He has also served as faculty assistance for NIBM, Pune. His qualifications include CAIIB and various certifications from the Indian Institute of Banking and Finance covering Credit, Ethics, Strategic Management and Risk.