ING Vysya Bank appoints M Damodaran as Non-Executive Chairman

ING Vysya Bank, which is going to be merged with Kotak Mahindra Bank, today appointed former Sebi chief M Damodaran as its Non-Executive Chairman.

Meleveetil Damodaran, Director of the bank, has assumed charge as part-time Chairman effective January 14, ING Vysya Bank said in a statement.

Damodaran, a former IAS, was Chairman of the capital market regulator Sebi from 2005-2008.