B K Manjunath has been appointed part-time chairman of Lakshmi Vilas Bank (LVB) for a tenure of three years.
The bank has informed the stock exchange that subsequent to the approval granted by the Reserve Bank of India, LVB's Board of Directors at a meeting held on June 6 co-opted Manjunath as additional director in the category of Non-Executive and Independent Director.
He was also appointed part-time chairman of the bank for a tenure of three years.
Manjunath is a practising chartered accountant for the past 25 years, with experience and knowledge in project financing, business administration and management.