Karnataka Bank appoints Jeevandas Narayan, and Kamanje Acharya on board

28 Apr 2022 , 09:17 AM

Karnataka Bank Limited has informed that it has appointed Jeevandas Narayan, and Kalmanje Gururaj Acharya as Additional Directors (Non-Executive, Independent) of the Bank under Section 161 of the Companies Act, 2013.

The company has made the above appointment in the meeting held on April 26, 2022.

Jeevandas Narayan is a Commerce Graduate from the University of Mysore. He brings over 4 decades of vast experience in the Banking and finance sector. He is a career Banker who was acting as Deputy Managing Director before his retirement from State Bank of India, and his last posting was Managing Director in State Bank of Travancore. After his retirement from SBI, he was appointed as the Nominee Director of SBI for a short stint in the year 2017.

Kalmanje Gururaj Acharya is a practising Chartered Accountant from Bengaluru with vast experience of around 30 years. He is a top ranker in B.com, CMA, and CA examinations. He is presently a senior partner of M/s. K.G. Acharya & Co, Chartered Accountants, Bengaluru, which specializes in Corporate finance, Corporate taxes & Company law.

At around 9.23 AM, Karnataka Bank was trading at Rs62.60 up by Rs0.25 or 0.4% from its previous closing of Rs62.35 on the BSE.