Bengaluru-based Ujjivan Small Finance Bank has named M.D. Ramesh Murthy as the new Chief Financial Officer.
An industry veteran with over thirty years of experience in finance, he is tasked to formulate and guide the bank’s strategy for growth; while leading the Finance and Accounts functions.
Ittira Davis, MD and CEO of Ujjivan Small Finance Bank, said, “The appointment of Mr. Murthy further strengthens the management team at Ujjivan SFB. His vast experience and financial expertise across various banking domains will enable Ujjivan SFB to charter a robust growth path to being the preferred retail mass market bank.”
Murthy joins Ujjivan SFB from Karur Vysya Bank where he was the CRO and subsequently the CFO, leading and directing the Finance, Accounts, Analytics & MIS, Tax and Regulatory functions of the Bank.
Previously as Head of Corporate Credit Risk at Commercial Bank International psc, Dubai; he played a vital role in significantly improving the portfolio quality at the bank, having worked extensively in India and the Middle-East.
Prior to his seventeen year long stint at the bank, he has worked with ANZ Investment Bank (a division of ANZ Grindlays Bank Ltd.) & Wipro GE Medical Systems.
His role also involved managing relationships and risk for large Corporates, government related entities and financial institutions in the Indian sub-continent and Turkey.
Murthy is a Chartered Accountant by profession and an alumnus of The Harvard Business School.