Ujjivan Small Finance Bank appoints M D Ramesh Murthy as Chief Financial Officer

7 Feb 2022 , 09:17 AM

Ujjivan Small Finance Bank has informed that on the recommendation of the Nomination and Remuneration Committee and the Audit Committee, the Board of Directors of the Bank has appointed M. D. Ramesh Murthy as the Chief Financial Officer of the Bank w.e.f. March 14, 2022.

He has also been designated as Key Managerial Personnel of the Bank for the period co-terminus with his tenure as the Chief Financial Officer of the Bank.

As per regulatory filing, Ramesh Murthy comes on-board with 30 years of experience in Risk Management, Finance and Business.

In his long tenure, he has headed positions of Head of Corporate Credit Risk, Senior Vice President — Risk Management & Senior Vice President & Head – Corporate Restructuring Division, Managing Director and Head — Project & Structured Finance Division, Corporate & Investment Banking Group amongst others in previous organizations like ANZ Grindlays Bank, Mashreqbank Dubai, Commercial Bank International, Dubai, U.A.E.

He is currently with Karur Vysya Bank as its Chief Financial Officer (from November 2020 and until February 09, 2022). He was the Chief Risk Officer of Karur Vysya Bank from April 2018 to October 2020.

At around 9:17 AM, Ujjivan SFB was trading at Rs19.95 per piece up by 1.79% on the BSE.