Karur Vysya Bank said on April 13, 2026 that Shekhar Ramarajan, General Manager and Head of the Corporate & Institutional Group (CIG), has tendered his resignation for personal reasons, which the bank has accepted. The move involves a senior management position that oversees the bank’s Corporate & Institutional Group, a key client-facing division within the bank’s business portfolio.
The bank noted that the Corporate & Institutional Group operates under the oversight of the Executive Director and emphasized that there is sufficient internal leadership to ensure continuity in the responsibilities of the Head – CIG. In other words, the leadership fabric is intact as the bank navigates this transition.
As per policy, the notice period is three months, with the tentative date of relieving around July 12, 2026, or an earlier mutually agreed date. The bank did not announce a replacement at this time, signaling that the organization will manage the handover with internal continuity in mind.