New Delhi: The Reserve Bank of India has given its consent for the re-appointment of N Kamakodi as Managing Director and CEO of private sector bank City Union Bank, the Tamil-Nadu-based lender said on Wednesday. The tenure of his re-appointment would be for a period of three years with effect from May 1, 2023.


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"We hereby inform that based on the recommendation of the Board of Directors of the Bank, the Reserve Bank of India...Has given its approval for the re-appointment of Dr N Kamakodi as the Managing Director and


CEO of the bank for a further period of three years with effect from May 1, 2023," the bank said in a BSE filing on Wednesday. Early this month, the bank launched a facility for its customers to use Voice Biometric authentication for logging into its mobile banking application.