StockWatch
·
Private Sector Bank
Management Change21 Aug 2026, 04:24 pm

South Indian Bank Senior Manager Retires Voluntarily

AI Summary

South Indian Bank Ltd. has announced the voluntary retirement of Mr. Sivaraman K, Senior General Manager and Head of Banking Operations Group. The retirement, effective September 5, 2026, is due to personal grounds or to pursue external opportunities. The bank has accepted his resignation, and he is currently serving his notice period. The bank stated that internal leadership is sufficient to ensure continuity in managing the role's responsibilities. Mr. Sivaraman K has served the bank for over 30 years and expressed gratitude for his tenure.

Key Highlights

  • Senior General Manager Mr. Sivaraman K opts for voluntary retirement.
  • Retirement effective September 5, 2026, on personal grounds.
  • Bank confirms internal leadership ensures operational continuity.
  • Mr. Sivaraman K served over 30 years with the bank.