News Announcement

Tamilnad Mercantile Bank: Tamilnad Mercantile Bank Limited Has Informed The Exchange Regarding ''Updates On The Appointment Of MD&CEO Of The Bank ''

Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations)With reference to our earlier intimation Ref.No.TMB.SE.92/2023-24 dt. 16.08.2024 wherein the Bank had informed about the approval granted by the Reserve Bank of India for the appointment of Shri. Salee Sukumaran Nair (DIN: 09231101) as the Managing Director & Chief Executive Officer (MD&CEO) of the Bank for a period of 3 years from the date of assuming charge subject to the approval of the Shareholders.Further Shri. Salee Sukumaran Nair has informed the Bank that he would be able to join the Bank on Thursday August 29 2024. The Board of Directors in their meeting held today i.e. Monday August 19 2024 has inter-alia took note of the date of taking charge i.e. August 29 2024 of Shri Salee Sukumaran Nair as MD&CEO of the Bank.


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