Appointment/Resignation
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Mahesh Muralidhar Pai Appointed MD & CEO of South Indian Bank
Published on 11 Jul 2026
- New Leadership: The RBI approved Mahesh Muralidhar Pai as the new MD & CEO of South Indian Bank for a three-year term starting October 1, 2026.
- The Transition: Pai, who will succeed P.R. Seshadri at the Thrissur-headquartered bank, faces a board meeting on July 16, 2026, followed by mandatory shareholder approval.
- Professional Profile: At 50 years old, Pai brings nearly 30 years of banking experience, currently managing Canara Bank's Digital Banking and Innovation vertical alongside multiple international board assignments.
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