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“The board of administrators have authorised the appointment of Mr. R Subramaniakumar as Managing Director & CEO of the Financial institution for a interval of three years with impact from date of his taking cost, beneath Part 35B of the Banking Regulation Act 1949,” learn the readout.
Subramaniakumar is the previous head of enterprise transformation at
and has beforehand served as administrator of Dewan Housing Monetary Company Restricted (DHFL).
He has 40 years of expertise, which features a stint as Govt Director at and Indian Abroad Financial institution, Managing Director & CEO of and an Unbiased Director of the UC Pension Fund Restricted.
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