DCB Bank's board re-appointed Mr. Praveen Kutty as Managing Director & CEO for three years from April 29, 2027 to April 28, 2030, subject to RBI terms and shareholder approval. No monetary value is involved in this senior management decision.
DCB Bank received RBI approval to reappoint Mr. Krishnan Sridhar Seshadri as Whole Time Director. The one-year term begins June 13, 2026, ensuring leadership continuity.
Mr. Shaffiq Mansurali Dharamshi resigned as Non-Executive Director effective May 08, 2026. The departure is due to his other professional and time commitments.
DCB Bank Limited announced that Lakshmy Chandrasekaran will cease to be a Non-Executive Independent Director effective April 13, 2026, following the completion of her tenure. This is a routine board transition in compliance with statutory requirements.
Ms. Lakshmy Chandrasekaran retired as an Independent Director of DCB Bank Limited effective April 13, 2026, following the completion of her term. The Bank placed on record its appreciation for her contributions during her tenure.