Tamilnad Mercantile Bank Limited — Others, 12-06-2025: Appointment

Tamilnad Mercantile Bank has announced a board meeting on which approved the appointment of Shri K. Ramachandran as an Additional Non-Executive Independent Director for three years, subject to shareholder approval. He will also serve as Non-Executive Part-Time Chairman pending RBI approval, with tenure until June 2028. Ramachandran brings over 30 years of banking experience, having held senior roles including Executive Director at Allahabad Bank and Indian Bank, where he led branch automation and core banking projects. He is independent of existing directors and management.