Tamilnad Mercantile Bank, an old private sector bank, has announced the appointment of Salee Sukumaran Nair as the MD & CEO of the Bank, for a period of 3 years, from the date of assuming charge, subject to the approval of the Shareholders, the bank said in a filing to stock exchanges.
Prior to this appointment, Nair, who started his banking career in 1987, served as the Deputy Managing Director & Chief Credit Officer of SBI (till May 2024) and was responsible for managing the credit portfolio.
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