South Indian Bank has appointed former RBI Executive Director Jose Joseph Kattoor as non-executive part-time chairman (Independent Director) for a 3-year term, effective March 23, 2026, following regulatory approval.
Kattoor succeeds V J Kurian, who retires on March 22 after completing his term. Kurian had been associated with the bank since March 23, 2018, and played a key role in guiding its strategic transformation.
Kattoor has been serving as an independent director on the bank’s board since July 18, 2024. In his new role, he will work closely with the board and senior management to strengthen governance and drive long-term strategy.
He brings over 30 years of experience at the Reserve Bank of India, where he served from 1991 until his retirement in 2023. As Executive Director, he led key functions including Enforcement, Corporate Strategy, Currency Management, and Human Resources.
Alongside this, the bank has appointed Thomson Thomas as a non-executive independent director for a period of 3 years, effective March 23.
The board has also approved multiple senior management elevations, effective April 1, 2026, signalling a structured succession plan across key business functions.
Key leadership changes include:
- Anto George T promoted to Executive Vice President; continues as Chief Operating Officer
- Senthil Kumar elevated to Chief General Manager; appointed Chief Credit Officer
- Sony A elevated to CGM with expanded role covering Digital Business, Strategic Alliances, Marketing, and Customer Experience
- Minu Moonjely promoted to CGM; to lead Corporate and Transaction Banking Group
- Biji S S elevated to CGM; to head Branch Banking, Liabilities, MSME, and Third-Party Products
- Jimmy Mathew promoted to Senior General Manager; continues as Head of HR and Company Secretary
- Vinod Francis elevated to SGM; continues as Chief Financial Officer
Earlier, the bank had announced that its MD & CEO PR Seshadri will step down at the end of his term in September, after choosing not to seek reappointment.
The leadership reshuffle reflects the bank’s focus on strengthening governance, driving digital transformation, and ensuring continuity across key business areas.
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