Dhanlaxmi Bank Board approves appointment of J K Shivan as MD and CEO

Board of Directors of Kerala-based Dhanlaxmi Bank have given the approval to nominate J K Shivan as managing director and CEO of the Bank. It could also be recalled that the shareholders of the Kerala-based had voted towards MD & CEO Sunil Gurbaxani On September 30, 2020. Then, in December that 12 months, the lender appointed Shivan as the brand new MD & CEO.

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However, the banking regulator, Reserve Bank of India (RBI), had requested the Dhanlaxmi Bank Board to get shareholders’ approval earlier than appointing J K Shivan as the subsequent chief of the financial institution.

Important takeaways for all aggressive exams:

  • Dhanlaxmi Bank Headquarters: Thrissur, Kerala.
  • Dhanlaxmi Bank Founded: 1927.

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