Reserve Bank of India on Thursday approved for the appointment of P R Seshadri as Managing Director & CEO of South Indian Bank for a period of three years with effect from October 1, 2023. He has significant experiences in enterprise level management and in the management of all key commercial banking business lines and he has substantial experience in successfully managing investors, boards and regulatory relationships in multiple geographies, said the company's notification to Bombay Stock Exchange.
Seshadri has served as, amongst other positions as, MD & CEO of The Karur Vysya Bank Limited (KVB), MD & Regional Sales and Distribution Head, Citibank N.A., Asia Pacific, Singapore, MD & Regional Head of Lending, Businesses, Citibank N.A., Asia Pacific, Singapore, MD CitiFinancial Consumer Finance India Limited (CCFIL), India, Marketing Director, Citibank N.A, India Branches, Head of Structured Finance & MD, CFRSIL & Integration Manager — Associates India Limited, Head of Banking Collections, Citibank N.A, India, Head of Automobile Finance -Northern India, Head of Community Banking, Northern India, and Mortgage Business, Head – Southern India, Citi India. He is currently mentoring businesses both at an operating level as well as at the Board level at various companies.
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