sankarasubramaniam: Krishnan Sankarasubramaniam takes over as Tamilnad Mercantile Bank MD & CEO

Tamilnad Mercantile Financial institution Ltd on Sunday stated veteran banker Krishnan Sankarasubramaniam has taken over as its managing director and Chief Government Officer with instant impact. Sankarasubramaniam succeeds Okay V Rama Moorthy and his time period could be for a interval of three years, which has been authorised by the Reserve Financial institution of India.

Previous to taking over the brand new function, Sankarasubramaniam was serving

as its Managing Director and CEO, a financial institution assertion stated.

Throughout his tenure at Punjab and Sind Financial institution, he performed an important function within the financial institution’s turnaround resulting in it registering the best ever revenue in 2021-22.

A submit graduate in commerce from the Madurai Kamaraj College and a certified value accountant, Sankarasubramaniam had served Syndicate Financial institution as its govt director earlier than becoming a member of Punjab and Sind Financial institution.

As govt director at Syndicate Financial institution, he was overseeing virtually all of the portfolios of the financial institution notably company credit score, built-in treasury, danger administration, compliance in addition to human assets.

In his profession unfold throughout three many years, Sankarasubramaniam gained experience in all the important thing areas of banking. He headed varied segments together with danger administration, info methods safety, human assets amongst others, the assertion added.