City Union Bank Limited has announced a leadership reshuffle, with the board approving the appointment of Venkatakrishnan S as Chief Risk Officer for a two-year term, effective April 1, 2026. The move comes as the bank’s current CRO, Kalyanaraman M, will cease to hold the position on March 31, 2026, due to superannuation. The transition signals a deliberate continuity in risk governance as the lender gears up for the new regulatory and growth challenges ahead.
Venkatakrishnan S is currently the bank’s Senior Deputy General Manager in the Risk Management department, a role he has held since July 2024. He holds a B.Com along with CA and CMA qualifications and brings a cumulative 26 years of experience, including significant exposure to Credit and Operational Risk, ICMP, Capital Adequacy, ECL (Ind AS), and Portfolio Risk Monitoring. His internal appointment reflects the bank’s preference for seasoned risk leadership drawn from within the organization.
Across his earlier career, Venkatakrishnan S has held roles at RBL Bank as Vice President II (2016–2024), and stints as a Practicing Chartered Accountant (2012–2016), Barclays Bank as Regional Underwriting Manager (2007–2011), ICICI Bank as Regional Credit Manager (2002–2007), and Ashok Leyland Finance as Senior Executive (2000–2002). This breadth of experience across commercial banks and finance houses underpins a holistic view of risk that City Union Bank will look to rely on as it pursues its strategic priorities.
The internal elevation underscores City Union Bank’s emphasis on continuity within its leadership team, particularly in the risk function, as it navigates evolving market and regulatory demands. Venkatakrishnan S inherits a portfolio that sits at the core of prudent growth, and the bank will be watching closely to see how this transition reinforces its risk governance and performance in the years ahead.