Tamilnad Mercantile Bank Appoints Sridharan as Independent Director

The Board of Directors of Tamilnad Mercantile Bank Limited approved the appointment of S. Sridharan as an Additional Director (Independent) for three years, with effect from February 27, 2024. Subject to the approval of the shareholders.

Sridharan, aged 68, has served for 39 years in Bank of Baroda, a leading nationalised bank, donning various hats, including Head of the MSME vertical, Head of a Specialised Asset Recovery Branch (with a special focus on Recovery Strategies), Head of a Corporate Financial Services Branch in Bangalore as Deputy General Manager, Branch Head of a few other branches, including a very large branch at Nariman Point as Deputy General Manager, Credit Officer in Administrative Office, Deputy Regional Head in Chennai and Mumbai, and Representing the Bank in Indian Banks’ Association, ASSOCHAM, FICCI, etc. Before his retirement in December 2015, he served as General Manager (MSME Banking). Post-retirement, he has contributed to the banking fraternity by serving as a member of the interview panel for internal promotion of officers, visiting faculty in IIBF, NIBM, Indian Bank, TMB, etc., and a member of the Settlement Advisory Committee of Indian Bank (an advisory to the Board on issues related to compromised settlement of NPA accounts) Head Office for six years, from 2017 to 2023. He holds a master’s degree in commerce and a degree in general law. He is also a Certified Associate of the Indian Institute of Banking and Finance (CAIIB).