The Reserve Bank of India approved PR Seshadri’s appointment as Managing Director and Chief Executive Officer of South Indian Bank for a three-year term beginning October 1, 2023.
According to a statement by the Bank, PR Seshadri is an accomplished banker with experiences across several businesses, operational lines, and regions. He has years of expertise in enterprise-level leadership and the management of key commercial banking business lines, as well as managing investors, boards, and regulatory interactions across numerous locations.
Seshadri is a well-known business executive with a track record of establishing and directing huge teams to achieve complicated commercial goals. He exhibited his abilities to start new firms as well as solve problems. He has a track record of success in scaling existing and new enterprises by capitalising on new technologies and market possibilities.
He holds a Bachelor of Engineering in Electrical Engineering from Delhi College of Engineering and a Post Graduate Diploma in Management from the Indian Institute of Business in Bangalore. PR Seshadri has held several positions, including MD and CEO of The Karur Vysya Bank Limited (KVB), MD & Regional Sales and Distribution Head, Citibank N.A., Asia Pacific, Singapore, MD & Regional Head of Lending, Businesses, Citibank N.A. and many more.
He is presently mentoring firms at operational and board levels at several companies.