Private sector lender Karur Vysya Bank Ltd. (KVB) has appointed Ramesh Babu Boddu as the managing director and chief executive officer. At a board meeting on Tuesday, Mr. Boddu was co-opted as an additional director and subsequently appointed as the managing director and chief executive officer of the bank for a period of three years from the date of taking charge, according to a filing.
He succeeds P.R. Seshadri, who resigned in January 2020 on personal grounds.