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Karnataka Bank

By Nitin Mohan Mishra , 16 July 2025
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Karnataka Bank Names Interim Chief to Steer Leadership Transition

Karnataka Bank has appointed an interim Managing Director and Chief Executive Officer to ensure continuity at the helm as it navigates a pivotal phase of growth and modernization. This interim leadership decision follows the completion of the previous CEO’s term, with the bank emphasizing its commitment to maintaining operational stability and strategic momentum. The move comes at a critical juncture for the bank, which is actively reshaping its business model to align with evolving regulatory frameworks and technological advancements in the Indian banking sector.

 

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By Geeta Maurya , 1 July 2025
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Leadership Shakeup at Karnataka Bank: CEO and Executive Director Resign Amid Board Dispute

Karnataka Bank, a prominent private sector lender, has announced the resignation of its Managing Director & CEO Srikrishnan Hari Hara Sarma, effective July 15, 2025, alongside executive director Sekhar Rao, who stepped down citing personal reasons and relocation challenges. These exits come amid reports of internal disputes with the bank's board. The bank has swiftly formed a search committee to fill the leadership vacuum and appointed a seasoned banker as Chief Operating Officer, who will take charge on July 2.

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