HomeNewsAppointment/ResignsFormer SBI officer Natarajan Sundar as MD & CEO of NARCL

Former SBI officer Natarajan Sundar as MD & CEO of NARCL

Former SBI officer Natarajan Sundar as MD & CEO of NARCL – Former State Bank of India executive Natarajan Sundar has assumed the charge as Managing Director and CEO of National Assets Reconstruction Company Ltd (NARCL) on May 30th, 2022. 

  • NARCL has decided to appoint Mr Karnam Sekar as the Independent Director and Non-Executive Chairman of the Board.
  • Mr Karnam Sekar served as the MD and CEO of Indian Overseas Bank from July 2019 to June 2020.
  • He also served as MD and CEO of Dena Bank from Sep 2018 until its merger in April 2019.

Who is Natarajan Sundar?

  • Sundar has an experience of over 37 years as a banking veteran.
  • Sundar was deputy managing director and chief credit officer of SBI and retired on April 30, 2022.

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