DCB Bank re-appoints Praveen Kutty as MD & CEO for 3 years

DCB Bank Limited announced the re-appointment of Mr. Praveen Kutty as Managing Director & CEO for a further period of three years, effective April 29, 2027, to April 28, 2030. This decision was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors on October 23, 2026. The re-appointment is subject to Reserve Bank of India (RBI) approval and subsequent shareholder approval. Mr. Kutty, with over 35 years of banking experience, has been with the bank since 2007 and previously worked with Citibank. He is not debarred from holding office and is not related to any other Director or Key Managerial Personnel.