The Reserve Bank of India (RBI) has approved the appointment of Ajith Kumar KK as the managing director and chief executive of Dhanlaxmi Bank for three years.
He has taken the place of JK Shivan.
Before the appointment, Ajith Kumar KK was serving as the chief human resources officer at Federal Bank and has an experience of more than 36 years in credit, human resources, business and branch banking.
Dhanlaxmi Bank is an Indian private-sector bank based in Thrissur, Kerala.