Karnataka Bank Appoints Parthasarathi Periaswamy as Additional Director
Karnataka Bank Ltd has announced the updated profile of Mr. Parthasarathi Periaswamy, appointed as an Additional Director (Non-Executive, Independent) for a four-year term effective July 29, 2026. Mr. Periaswamy brings over three decades of experience in technology and cybersecurity within India's financial sector, including significant roles at the Reserve Bank of India and IDRBT. His expertise spans cybersecurity frameworks, IT modernization, and resilience across the banking ecosystem. He has also advised private banks and served on the board of IFTAS, an RBI subsidiary. His appointment aims to leverage his extensive background in technology, regulation, and strategy to enhance the bank's resilience and cybersecurity.
Key Highlights
- Mr. Parthasarathi Periaswamy appointed as Additional Director.
- Director role is Non-Executive and Independent for four years.
- Periaswamy has 30+ years of experience in financial sector tech/cybersecurity.
- Former CISO and Chief General Manager (IT) at Reserve Bank of India.
- Appointment aims to strengthen cybersecurity and resilience.
Price Impact
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