New Delhi | Private sector lender South Indian Bank on Monday said it has appointed former RBI Executive Director (ED) Jose Joseph Kattoor as its non-executive part-time chairman.

The appointment is effective March 23, 2026, for a term of three years.

The appointment follows the sanction accorded by the Reserve Bank of India on February 3, 2026, South Indian Bank said in a statement.

Kattoor brings over three decades of distinguished experience with the Reserve Bank of India, where he served from 1991 to 2023, it added.

During his tenure as ED, it said, he led key departments, including enforcement, corporate strategy, currency, and human resources.

He has been serving as an independent director on the Board of South Indian Bank since July 18, 2024, it said.

In his new role as part-time chairman, he will work closely with the board and senior management to further strengthen governance standards and help drive the bank’s long-term strategic vision, it added.