Muthoot Finance appoints Hariharan K as Chief Risk Officer

Hariharan K is a seasoned banking executive with over 35 years’ experience in Canara Bank.

Aug 09, 2021 01:08 IST India Infoline News Service

Muthoot Finance Ltd has informed that the Board of Directors on August 06, 2021 has approved the appointment of Hariharan K as the CRO of the Company w.e.f August 06, 2021 in place of Nazar K A who has demitted the office of CRO on August 06, 2021.

Hariharan K is a seasoned banking executive with over 35 years’ experience in Canara Bank. He has developed expertise in banking which includes Business Development, Credit Assessment, Risk Management, Compliance, Controls & governance, Leading Teams achieving excellent results under Business, Productivity, Financial and Compliance objectives over his 35+ years banking career with Canara Bank.

Hariharan K had held several key positions in Canara Bank including General Manager & Chief Group Compliance Officer, where he was responsible for the complete control and monitoring over the Compliance functions (domestic and international operations) of the Bank, its Subsidiaries, Associates.

Hariharan K has established and maintained best in class compliance culture and processes across the entire Bank, its foreign branches, Subsidiaries, Associates and sponsored RRB. He was also instrumental in developing and implementing best Compliance practices for reduction of instances of compliance breaches and regulatory penalties in Canara Bank.

On Sensex, Muthoot Finance was trading at Rs1,504.40 apiece down by Rs42.6 or 2.75%, at around 1:00 PM.

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