South Indian Bank has officially confirmed its leadership transition through a comprehensive regulatory filing dated March 21, 2026. The bank has notified stock exchanges about the appointment of Mr. Jose Joseph Kattoor as the new Non-Executive Part Time Chairman, effective March 23, 2026.

Official Regulatory Communication

The bank issued a formal communication to both the National Stock Exchange of India Ltd. and BSE Ltd. under reference number SEC/ST.EX.STT/198/2025-26, confirming the leadership change. This follows their earlier letter dated February 3, 2026, which had initially announced the transition plans.

Chairman Transition Details

Mr. V J Kurian will retire from his position as Non-Executive Part Time Chairman (Independent Director) on March 22, 2026, upon completion of his term of appointment. His successor, Mr. Jose Joseph Kattoor, will take charge for a period of three years in compliance with the Banking Regulation Act, 1949.

New Chairman's Professional Background

According to the official filing, Mr. Jose Joseph Kattoor, aged 62 years, brings extensive experience from the Reserve Bank of India (RBI), where he worked for more than three decades. He retired as Executive Director of RBI in June 2023.

Key RBI Experience

During his tenure as Executive Director, Mr. Kattoor managed several critical departments:

• Enforcement Department
• Corporate Strategy Department
• Currency Department
• Human Resource Department

Academic Qualifications

The new chairman holds comprehensive academic credentials:

• B.Sc degree
• PGDRM (Post Graduate Diploma in Rural Management) from IRMA
• LLB (Bachelor of Laws)
• CAIIB (Certified Associate of Indian Institute of Bankers)
• AMP (Advanced Management Program) from Wharton

Board Independence and Compliance

Mr. Kattoor has been serving as an Independent Director of South Indian Bank since July 18, 2024, providing him with valuable insights into the bank's operations. The bank has confirmed in its filing that he is not related to any other directors, maintaining independence requirements.

Regulatory Filing Requirements

The leadership transition has been communicated under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in accordance with SEBI Master Circular dated January 30, 2026. The information has also been made available on the bank's official website at www.southindianbank.bank.in for stakeholder access.

The formal documentation was signed by Jimmy Mathew, Company Secretary, and digitally authenticated on March 21, 2026, ensuring complete regulatory compliance for this significant leadership transition.

South Indian Bank announced significant leadership changes following a board meeting held on March 21, 2026, approving the elevation of seven senior management personnel effective April 1, 2026. The strategic promotions span across key operational areas including technology, credit, corporate banking, and branch operations, as communicated to stock exchanges under SEBI Listing Regulations.

Board Meeting Outcome and Regulatory Compliance

The board meeting was held on March 21, 2026 at 09:25 p.m., with the outcome communicated to both NSE and BSE under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank confirmed that none of the promoted senior management personnel are related to any directors of the bank, ensuring governance compliance in the elevation process.

Leadership Elevations and New Roles

The board approved comprehensive elevation of senior executives to strengthen the bank's management structure:

Key Executive Profiles

Mr. Anto George T assumes the role of Executive Vice President & Chief Operating Officer at age 57. He holds an MBA in Human Resource Management and brings over three decades of banking experience across all facets of operations. His expertise spans branch management of large metro branches, regional leadership in Chennai, Hyderabad and Delhi, internal audit, fraud management, and business development.

Mr. Senthil Kumar, aged 55, takes charge as CGM & Chief Credit Officer. With a Bachelor's degree in Science and MBA, he brings more than 30 years of banking and finance experience. His previous 21-year stint at ICICI Bank covered sales, credit, product and recovery functions. He has been instrumental in establishing the bank's Collection & Recovery verticals.

Mr. Sony A expands his role as CGM covering Chief Information Officer responsibilities along with Strategic Alliances, Digital Business, Marketing and Customer Experience. At 53, he holds an MBA-Systems and CISA certification with over 34 years in banking technology. He has been pivotal in developing the bank's technology, payments and digital capabilities while driving fintech partnerships.

Corporate Banking and Operations Leadership

Ms. Minu Moonjely advances to CGM & Head - Large and Emerging Corporate and Transaction Banking Group. The 53-year-old executive holds a Post Graduate degree in Commerce, CAIIB and Advanced Management in Banking and Finance certification. With over 30 years at the bank, she brings expertise in credit analysis, risk management, foreign exchange and has previously headed the bank's largest MSME region.

Ms. Biji S S takes on the expanded role of CGM & Head of Branch Banking, Liabilities, Micro & Small Enterprises, Third Party Products. At 53, she holds a Master's degree in Science, MBA in Human Resource Management and has been with the bank for over 30 years. Her expertise includes distribution building, strategic partnerships, co-lending, and corporate relationship management.

Administrative and Financial Leadership

Mr. Jimmy Mathew advances to SGM & Head - HR & Company Secretary at age 49. He holds B.Com, FCS, ACMA qualifications along with certifications in CSR, HR Management and Corporate Governance. With 16 years at the bank and prior experience as Company Secretary in other organizations, he manages corporate law, secretarial matters and HR operations.

Mr. Vinod Francis is promoted to SGM & Chief Financial Officer. The 47-year-old Chartered Accountant joined the bank in January 2006 and has served as CFO since April 8, 2024. His 20-year tenure includes experience in credit underwriting, corporate finance, SME and corporate branch management, and regional leadership roles.