RBI Appoints Achuthan Kutty as MD & CEO of DCB Bank

The Reserve Bank of India (RBI) has approved the appointment of Praveen Achuthan Kutty as the Managing Director and CEO of DCB Bank for a period of three years, with effect from April 29, 2024.

Praveen Achuthan Kutty is a career banker with over 32 years of experience in all aspects of retail and SME banking. Kutty has been an integral part of the DCB Bank leadership team for the past 16 years, during which time he has played a pivotal role alongside the current MD-CEO and management team in turning around and building the bank. At present, he manages Retail, SME and Agri banking. Prior to joining DCB Bank, he worked at Citibank. His last assignment at Citibank was in New York as the Head of Non-Resident Indian Business for the US and Canada. Praveen holds an MBA.