Tamilnad Mercantile Bank Limited announced that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Bank in their meeting held on July 09, 2024, have approved the appointment of Shri. K. Ananth, Deputy General Manager as Head of Internal Audit of the Bank, with effect from August 01, 2024, in place of Shri. N. Surendran, Deputy General Manager, whose term as the Head of Internal Audit will end at the closure of office hours, as on July 31, 2024.

Shri. K. Ananth holds a bachelor's degree in science. He has completed CAIIB, DISA & DTIRM.

He started his career in 1993 at Tamilnad Mercantile Bank Ltd., He has grown professionally from a clerk to a Deputy General Manager at Tamilnad Mercantile Bank Ltd., He is a seasoned banking professional with more than 30 years of experience across various banking functions including banking operations, regional supervision, credit monitoring cell, DFM Department and internal inspection.