Karnataka Bank appoints Raghavendra Srinivas Bhat as MD & CEO

Karnataka Bank Limited has announced the appointment of Raghavendra Srinivas Bhat as its new managing director and CEO. This appointment is effective November 16, 2025, and follows approval from the Reserve Bank of India on November 14, 2025. Bhat will serve a one-year term and has been designated a key managerial personnel.

Bhat brings 38 years of experience to the role, having started his career at Karnataka Bank in 1981 as a clerk and rising to chief operating officer (COO) in the CGM Cadre by 2019. His extensive background spans various banking and finance domains, including HR, IT & Digital Banking, Treasury & Forex Operations, Insurance, and Rural Economy.

The bank confirmed that Raghavendra Srinivas Bhat has not been debarred from holding a directorship by any SEBI or other authority. His appointment will be presented to shareholders for approval within three months of him assuming charge.