Lakshmi Vilas Bank has informed that subsequent to the approval granted by the Reserve Bank of India, the Board of Directors of the Bank at their meeting held on July 01, 2016 have co-opted N.S. Venkatesh as Additional Director of the Bank and also appointed him as the Executive Director (Whole Time Director) of the Bank for a tenure of three years effective from the date of taking charge, on the terms as approved by RBI under section 35B of the Banking Regulation Act, 1949.
The above information is a part of company’s filings submitted to BSE.
