Key Points
Murali Ramakrishnan, MD and CEO of South Indian Bank, has announced that he will not seek re-appointment when his tenure ends in September..
Ramakrishnan explained that his decision was purely personal, and that he had finished implementing organisational changes that would keep the bank running smoothly until his tenure ends..
Till the last day of my work, I will continue to ensure that we put everything in place and the organisation continues to be on the right track," says Murali Ramakrishnan, MD & CEO, South Indian Bank ..
It has nothing to do with any of the officials or organisation related things.. Ever since joining this bank, I have done many big changes in the organisation and it was obviously with the full support of the entire board as well as the 9,000 plus employees who are part of this organisation..
We will ensure that the candidates who are shortlisted as well as who are eventually going to be chosen have the experience and strength in managing these changes because in the banking space, in the last three years, so many changes have happened with the liquidity situation, inflation situation, and with the way the market is also a bit slowing down in terms of CASA, with advances getting impacted by the liquidity situation...
