City Union Bank’s MD and CEO N. Kamakodi gets RBI approval for reappointment

City Union Bank's MD and CEO N. Kamakodi gets RBI approval for reappointment

Kumbakonam-based City Union Bank announced on Wednesday that the Reserve Bank of India (RBI) has approved the reappointment of N. Kamakodi as managing director and CEO for a period of three years starting May 1, 2023. According to a regulatory filing by the bank, the RBI has given its approval via a letter dated April 26, 2023, for the appointment of N. Kamakodi as MD of the bank. Kamakodi has been the MD and CEO of City Union Bank since 2011 and has been associated with the bank for more than three decades. He has played a crucial role in shaping the bank’s growth strategy over the years.