Karnataka Bank's Head of Treasury Steps Down

Karnataka Bank has announced the departure of Ramachandra K Gurumurthy from his position as Head of Treasury. The bank informed the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) about this development in compliance with regulatory disclosure requirements.

Key Details of the Resignation

Aspect	Details
Executive	Ramachandra K Gurumurthy
Position	Head of Treasury
Effective Date	October 23, 2025
Nature of Exit	Resignation
Status Change	Ceases to be a Senior Management Personnel

According to the bank's statement, Gurumurthy has been relieved from his duties following the completion of internal formalities. The cessation of his role as a Senior Management Personnel took effect from the close of business hours on October 23, 2025.

Regulatory Compliance

Karnataka Bank's disclosure aligns with the Securities and Exchange Board of India (SEBI) regulations, specifically:

Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023

These regulations mandate prompt disclosure of significant management changes to ensure transparency for investors and stakeholders.

The bank has not provided information regarding a successor for the Head of Treasury position or any potential impact on its operations.

Karnataka Bank continues to operate under the leadership of its existing management team as it navigates this transition in its treasury department.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.80%	+1.51%	+3.82%	-4.63%	-17.49%	+309.39%

Karnataka Bank , a prominent player in the Indian banking sector, has announced significant changes in its senior management structure, effective October 13, 2025. The restructuring involves promotions across various levels and reallocations of responsibilities, signaling a strategic move to strengthen its leadership team.

Key Highlights of the Restructuring

Promotions to General Manager Cadre (Scale VII)

Five Deputy General Managers have been elevated to the General Manager Cadre:

Name	New Role	Previous Role
Raghuram H S	Chief Risk Officer	No Change
Chandrashekara G	Credit Sanctions (Exposure above Rs. 15 crores)	HO-Credit Sanctions Department
Sunil Rao B	Mumbai – Integrated Treasury	HO-Treasury Back Office and ASSET Operations
Sham K	Company Secretary & Operations Department	Company Secretary
Sreedhar S	Credit Monitoring Department	Regional Head, Chennai

Promotions to Deputy General Manager Cadre (Scale VI)

Seven Assistant General Managers have been promoted to the Deputy General Manager Cadre:

Name	New Role	Previous Role
Bhaskar A	Regional Head, Bengaluru North	Regional Head, Bengaluru South
Gayathri S	National Head – Gold & Agri Loans	No Change
Ashok Shenoy U	Fixed Assets & Premises	No Change
Sudha K	Credit Monitoring Department	No Change
Rama Seshu K	Regional Head, Bengaluru South	Regional Head, Tumakuru
Vadiraja K	HR & IR Department	Regional Head, Udupi
Nagaraja H A	Regional Head, Chennai	Regional Head, Shivamogga

Changes in Functional Responsibilities

Three General Managers have been assigned new functional responsibilities:

Name	New Role	Previous Role
Ravichandran S	Legal & Recovery Department	Credit Sanctions Department (Overall in charge)
Nagaraja Upadhyaya B	Credit Sanctions Department (exposure up to Rs. 15 crores)	Credit Monitoring Department
Raghavendra C L	HO-Credit Sanctions Department	Regional Head (Bengaluru – North)

Implications of the Restructuring

This comprehensive restructuring of Karnataka Bank's senior management team reflects the bank's commitment to internal talent development and strategic positioning for future growth. The promotions and role reallocations are likely to bring fresh perspectives to various departments, potentially enhancing the bank's operational efficiency and decision-making processes.

The focus on strengthening key areas such as risk management, credit sanctions, and treasury operations suggests that the bank is gearing up to address the evolving challenges in the banking sector. Moreover, the redistribution of regional heads indicates a possible shift in the bank's regional focus and strategy.

As these changes take effect, stakeholders will be keen to observe how this new leadership structure impacts Karnataka Bank's performance and strategic direction in the coming years. The bank's ability to leverage this restructured management team could play a crucial role in its competitive positioning in the dynamic Indian banking landscape.

Karnataka Bank's proactive approach to management restructuring demonstrates its adaptability and forward-thinking mindset, which are essential qualities for success in the rapidly changing financial services industry.