Jose Joseph Kattoor Named Chairman of South Indian Bank
Why in the news
South Indian Bank, a Kerala-based private sector lender, got a new board chairman on 23 March 2026. The appointment received Reserve Bank of India approval.
Key facts
- Appointee: Jose Joseph Kattoor, a former RBI Executive Director.
- Post: Non-Executive Part-Time Chairman, effective 23 March 2026.
- Term: three years.
- Earlier role: Independent Director on the bank’s board since 18 July 2024.
- Predecessor: V. J. Kurian, who left the chair on 22 March 2026.
Profile of the new chairman
| Item | Detail |
|---|---|
| Central bank career | 1991 to 2023 at the RBI |
| Last RBI rank | Executive Director |
| Areas handled | Enforcement, corporate strategy, currency management, human resources |
About South Indian Bank
South Indian Bank is a private sector bank rooted in Kerala. Private banks need RBI approval for the appointment of a part-time chairman, which is why the regulator’s nod is part of this news.
Exam angle
- Remember the name, the post (part-time non-executive chairman) and the three-year term.
- Note that he is an ex-RBI officer and was already an independent director.
- Questions may ask who he succeeded: V. J. Kurian.