Ashok Reddy Nukala has been appointed as new Chairman of Karnataka Vikas Grameena Bank (KVGB), a regional rural bank sponsored by Syndicate Bank.
He is a graduate in agriculture science and has rich banking experience of 28 years. He has worked in different capacities in the banking sector. He is said to be the youngest chairman so far posted and he will serve for the full five-year full term.
Nukala was heading the Vijayawada (Andhra Pradesh) region of Syndicate Bank before taking charge as Chairman of KVGB.
In a function held at Dharwad, Sambasiva Reddy handed over the charge to Ashok Reddy. Sambasiva Reddy has been repatriated to Syndicate Bank as Regional Inspectorate-Hyderabad.