The Board of Directors of DCB Bank Limited at its meeting June 02, 2023, has constituted a Search & CEO of the Bank, whose tenure of fifteen years (15) will be completed on April 28, 2024. Further, the Board of Directors of the Bank has also approved the appointment of M/s. Korn Ferry as the Search Firm for the mandate of identification and evaluation of the suitable candidate(s) for the position of Managing Director & CEO. The Search Committee along with the Search Firm, over the next few months, shall evaluate internal and external candidates for the position of Managing Director & CEO.

The Bank will endeavor to complete the succession process within stipulated regulatory guidelines.