Mr. M Venugopalan was appointed to Board of Directors on 26 April 2005 and was appointed as Chairman and Chief Executive Officer with effect from 1 May 2005.

Prior to joining the Bank, he was the Chairman and Managing Director of Bank of India, one of the leading public sector banks in India, from August 2003 to April 2005, and was an executive director of the Union Bank of India immediately prior to joining the Bank of India.

With nearly 40 years of banking experience, Mr. Venugopalan has held positions at the Bank of India’s Tokyo branch, and was head of the Bank of India’s overseas branches at New Delhi and Mumbai, Deputy Zonal Manager of Bank of India’s Northern Zone, Deputy General Manager of the Bank of India’s Western Zone, General Manager of Bank of India, Chief Executive of the Bank of India’s European branches, which included six branches in the United Kingdom and one branch each at Paris and in the Channel Islands.