The Karnataka Bank Limited announced that it appointed Srikrishnan Harihara Sarma as the new Managing Director & CEO. The new MD and CEO of Karnataka Bank has previously held key positions at HDFC Bank, Yes Bank, and Jio Payments Bank. This assignment follows his recent appointment which will span across a three-year term.

Mr. Srikrishnan brings an extensive background of about forty years in various banking domains, including Commercial, Retail & Transactional Banking, Technology, and Payments. His prior experiences encompass significant senior roles at HDFC Bank Limited, Yes Bank Limited, and Jio Payments Bank Limited. At HDFC Bank Limited, he was part of the pioneering founding management team and played a crucial role in developing the bank's Corporate and Retail Banking, Treasury, and Capital Markets Infrastructure segments.

His tenure at Yes Bank Limited witnessed him establishing the Commercial Banking infrastructure. As MD & CEO of Jio Payments Bank Limited since inception, he spearheaded the licensing and commencement of operations.