South Indian Bank has welcomed P R Seshadri as its new managing director and chief executive officer (MD & CEO), effective October 1. Seshadri has succeeded Murali Ramakrishnan who served the bank from October 1, 2020, to September 30.

With nearly 25 years of banking experience, Seshadri has joined South Indian Bank from the Karur Vysya Bank (KVB) where he worked in a similar role. 

Seshadri’s experience spans domestic and international markets. He has held senior leadership positions at institutions, including Karur Vysya Bank Limited and Citigroup. 

In his new role as MD & CEO, Seshadri is poised to lead South Indian Bank into an era of growth and innovation.

“With a proven track record and a visionary approach, PR Seshadri embodies the future of banking excellence. His expertise will guide us toward greater heights, paving the way for success and prosperity for our valued clients and stakeholders. Together, we anticipate exploring new frontiers in finance and redefining growth through a customer-centric ethos,” said Thomas Joseph K, Executive Vice President and Chief Business Officer, South Indian Bank.

“I am enthusiastic about collaborating with the Bank's talented professionals to build upon the legacy. Together, we will navigate the evolving financial landscape, delivering innovative solutions and unparalleled service to our clients,” said Seshadri who is an electrical engineer and holds a Post Graduate Diploma in management from IIM Bangalore.