Mr. Anand Krishnamurthy Appointed as Managing Director & CEO of The Catholic Syrian Bank Limited

Pursuant to the approval obtained from Reserve Bank of India, the Board of Directors of The Catholic Syrian Bank Limited (the “Bank”) has appointed Mr. Anand Krishnamurthy as the Managing Director and Chief Executive Officer (“MD&CEO”) of the Bank 

Mr. Krishnamurthy holds  a bachelor’s degree in technology (mechanical engineering) from the Indian Institute of Technology, Madras and a post graduate diploma in management from the Indian Institute of Management, Calcutta. He has about 22 years of experience in the field of banking having previously worked with HSBC for that period. He has been associated with the Bank since April 7, 2014 and has been responsible for corporate  banking,  SME  business  and  the  integrated  treasury  operations  of  the  Bank as its Head of Wholesale Banking and Treasury. 

Mr. S. Santhanakrishnan, part-time Chairman of the Bank, said, “We welcome the appointment of Mr. Anand Krishnamurthy as the Managing Director & CEO of the Bank. As MD & CEO, Mr. Anand will continue to focus on initiatives to transform ourselves into a full service contemporary bank.”

The Catholic Syrian Bank Limited is one of the oldest private sector banks in India with a history of over 94 years, and a strong base in Kerala along with significant presence in Tamil Nadu, Karnataka and Maharashtra. It offers a wide range of products and services, with particular focus on small and medium enterprises (“SME”), retail and NRI customers.

Disclaimer

The Catholic Syrian Bank Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares and has filed a draft red herring prospectus dated March 30, 2015 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on SEBI website at www.sebi.gov.in as well as on the website of the book running lead managers at www.icicisecurities.com and www.investmentbank.kotak.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled “Risk Factors” of the offer document.  Investors should not rely on the DRHP filed with the SEBI.