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Dhanlaxmi Bank Seeks Clean Break From Infighting-Riddled Past
The private lender, under new CEO Shivan JK, is looking to leave controversy behind and return to growth.
11 Feb 2021, 12:21 PM IST
After a prolonged leadership crisis, old-generation private lender Dhanlaxmi Bank Ltd. is attempting a fresh start under new chief executive officer Shivan JK, who took over on Jan. 28. His appointment, unlike that of his predecessor, was backed by 99.8% of the bank’s shareholders and later confirmed by the Reserve Bank of India.“There was an insistence that the new CEO should be first voted in by the shareholders and only then the a...
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