South Indian Bank Appoints Jose Joseph Kattoor as Non-Executive Part Time Chairman
The South Indian Bank announced that Mr. V J Kurian will retire as Non-Executive Part Time Chairman on March 22, 2026. Mr. Jose Joseph Kattoor will take over as Chairman for three years from March 23, 2026. Kattoor previously served as RBI Executive Director.
The change in chairmanship is a standard procedural event and is not expected to significantly affect the bank's operations or financial performance.
The announcement is a routine change in directorship and does not contain information that would positively or negatively impact the company's stock.
The South Indian Bank Limited has announced a change in its leadership. Mr. V J Kurian will be retiring as the Non-Executive Part Time Chairman (Independent Director) on March 22, 2026, upon completion of his term.
Following Mr. Kurian's retirement, Mr. Jose Joseph Kattoor will assume the role of Non-Executive Part Time Chairman (Independent Director) for a period of three years, effective March 23, 2026. Mr. Kattoor, aged 62, brings extensive experience from his over three decades at the Reserve Bank of India (RBI), where he retired as Executive Director in June 2023. His tenure at RBI included leadership roles in departments such as Enforcement, Corporate Strategy, Currency, and Human Resources. He holds a B.Sc, PGDRM(IRMA), LLB, CAIIB, and an AMP from Wharton. Mr. Kattoor has also been serving as an Independent Director of the Bank since July 18, 2024. He is not related to any other directors of the Bank and is not debarred from holding a directorship by any regulatory authority.
This information is submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is also available on the Bank's website.
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The South Indian Bank Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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