Karur Vysya Bank Elevates Ramasamy G.V. To CFO & Ramshankar R. To COO Role In Leadership Reshuffle
Karur Vysya Bank has elevated Ramasamy G.V., currently Head of Accounts and Taxation, to General Manager (GM) and will take charge as Chief Financial Officer and Key Managerial Personnel (CFO & KMP) from September 1, 2026. He will succeed Ramshankar R., who is moving to a new role within the bank.
Ramshankar R. has been elevated to Chief GM and will assume the position of Chief Operating Officer (COO), Material Risk Taker (MRT), and KMP from October 16, 2026. He will succeed M.S. Chandrasekaran, whose tenure as COO concludes on October 15, 2026. Ramshankar will continue to oversee the Finance and Control Department alongside his new responsibilities.
The bank has also appointed Ravinder Aggarwal as Head of the Corporate and Institutional Group. In addition, Vippala Ramachandrareddy and Ramu S. have been designated as Senior Management Personnel (SMP), strengthening leadership across treasury, legal, and recovery functions.
Ramasamy G.V. is a banking professional with 35 years of experience across finance, taxation, branch banking, and credit operations. He currently serves as Senior Deputy GM and Head of Accounts & Taxation, overseeing key financial and regulatory functions of the bank. During his tenure, he has held several leadership positions, including Branch Head, Credit Processing Cell Head, and Cluster Head, gaining experience across business, credit, and operational functions. His expertise spans financial management, taxation, compliance, and banking operations. A qualified Chartered Accountant and Licentiate Company Secretary, he has been associated with Karur Vysya Bank since 2007.
Over the years, Ramshankar R. has served as Divisional Manager, CBU Head, and, most recently, General Manager and Chief Financial Officer. His experience spans financial management, banking operations, compliance, and business administration. As part of the bank’s leadership team, he has contributed to key financial and operational functions. He is a banking and finance professional with nearly 29 years of experience. A qualified Chartered Accountant and a Diploma holder in Information Systems Audit, he joined Karur Vysya Bank in 2012 and has since held several leadership positions across the organisation.
Ravinder Aggarwal is a banking professional with over 27 years of experience across corporate and institutional lending. He began his career with Bank of Baroda in 1999 and served in a range of leadership roles before superannuating in April 2026 as GM of Large Corporate Banking (Underwriting). Throughout his career, he has worked across large corporate banking, credit underwriting, and relationship management, while also gaining exposure to non-banking financial companies (NBFCs), asset reconstruction companies (ARCs), and development finance institutions (DFIs). His experience spans credit assessment, risk evaluation, structured financing, and corporate banking operations, making him well-versed in managing complex lending portfolios and supporting business growth across sectors.
Vippala Ramachandrareddy is a banking professional with 33 years of experience in treasury and financial services. He has been associated with Karur Vysya Bank since 2017 and has been serving as Head of Treasury since 2022. In this role, he oversees the bank’s treasury operations, including investment management, liquidity planning, and market-related activities. Over the course of his career, he has built expertise in treasury management, financial markets, and banking operations. His experience across key financial functions has contributed to the bank’s treasury strategy and risk management framework.
An advocate by profession, Ramu S. holds a master’s degree in law and brings 14 years of experience across legal and banking domains. He joined Karur Vysya Bank in 2018 and has been involved in handling legal matters, regulatory issues, recovery proceedings, and dispute resolution. Over the years, he has played a role in strengthening the bank’s legal and recovery framework while supporting compliance and risk management initiatives.
