Karnataka Bank has appointed Raghavendra S Bhat as the new Managing Director & CEO of the bank. The Mangalore-based bank, in an exchange filing, said that Bhat has been appointed as the head of the bank for a period of one year, effective November 16, 2025.

This comes after the company appointed Bhat for an interim period of three months on July 16, 2025.

Bhat is a veteran of the bank; he is going to head it for the next 12 months, as he has held various key positions at the bank, including Chief Operating Officer (COO), for four decades.

The bank further added that Bhat, with extensive expertise across various domains, has had a professional journey that encompasses Banking, Finance and also agriculture, as his roots are deeply tied to an agriculturist family background.

Bhat arrived

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