Lakshmi Vilas Bank (LVB) has appointed S Sundar, its chief financial officer, the interim managing director (MD) and chief executive officer (CEO) effective January 1, 2020. As part of this, he resigned from the post of CFO.
He has also been appointed an additional director of the bank. In August 2019, the bank’s MD & CEO, Parthasarathi Mukherjee, resigned from the position and the post was lying vacant since then.