: Tamilnad Mercantile Bank today said K V Rama Moorthy has assumed charge as Managing Director and CEO with immediate effect.
Prior to taking up the new role, he served Bank of Baroda as its Executive Director, the Tamil Nadu-based bank said in a press release.
In over three decades of banking career, Moorthy has vast knowledge in operations, retail lending, corporate banking, marketing and business expansion.
He would be holding the charge for a period of three years as per the approval from Reserve Bank of India, the release added.
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