DCB Bank Limited informed that Mr. Murali M. Natrajan has completed his tenure of fifteen years (15) as CEO of the Bank at the end of business hours on April 28, 2024, in accordance with the extant norms of Reserve Bank of India. Since 2009, as MD & CEO of the Bank, Mr. Natrajan provided outstanding leadership and contributed significantly in building a robust, sustainable and scalable business model. Mr. Natrajan leaves behind a legacy of strong professional values, compliance culture, prudent risk management and a professionally competent team that will help the Bank enormously in its continued journey of growth.

Mr. Praveen Achuthan Kutty (DIN: 10329590), who has been appointed as CEO of the Bank for a period of three (3) years with effect from April 29, 2024, shall take charge as CEO of the Bank on April 29, 2024.