Krishnan Sankarasubramaniam takes over as Managing Director and CEO of Tamilnad Mercantile Bank

Tamilnad Mercantile Bank Ltd said on Sunday that veteran banker Krishnan Sankarasubramaniam has taken up his post as managing director and managing director with immediate effect.

Sankarasubramaniam succeeds KV Rama Moorthy and his tenure would be for three years, which has been approved by the Reserve Bank of India.

Prior to assuming his new role, Sankarasubramaniam served Punjab and Sind Bank as Managing Director and CEO, a bank statement shows here.

During his tenure in Punjab and Sind Bank, he played a crucial role in the turnaround of the bank which led to it posting the highest profit ever in 2021-22.

A Commerce graduate from Madurai Kamaraj University and a Chartered Accountant, Sankarasubramaniam served as Executive Director of Syndicate Bank before joining Punjab and Sind Bank.

As Executive Director at Syndicate Bank, he oversaw nearly all of the bank’s portfolios, particularly corporate credit, integrated treasury, risk management, compliance in addition to human resources.

During his career spanning three decades, Sankarasubramaniam has acquired expertise in all key areas of banking. He led various segments including risk management, information systems security, human resources among others, the statement added.

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