The Karur Vysya Bank Limited

BSE:590003 Stock Report

Market Cap: ₹171.1b

Karur Vysya Bank Management

Management criteria checks 3/4

Karur Vysya Bank's CEO is Ramesh Boddu, appointed in Jul 2020, has a tenure of 4.33 years. total yearly compensation is ₹30.84M, comprised of 58.2% salary and 41.8% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth ₹17.64M. The average tenure of the management team and the board of directors is 3.5 years and 2.5 years respectively.

Key information

Ramesh Boddu

Chief executive officer

₹30.8m

Total compensation

CEO salary percentage58.2%
CEO tenure4.3yrs
CEO ownership0.01%
Management average tenure3.5yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ramesh Boddu's remuneration changed compared to Karur Vysya Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹18b

Jun 30 2024n/an/a

₹17b

Mar 31 2024₹31m₹18m

₹16b

Dec 31 2023n/an/a

₹15b

Sep 30 2023n/an/a

₹14b

Jun 30 2023n/an/a

₹12b

Mar 31 2023₹27m₹14m

₹11b

Dec 31 2022n/an/a

₹10b

Sep 30 2022n/an/a

₹9b

Jun 30 2022n/an/a

₹8b

Mar 31 2022₹21m₹14m

₹7b

Dec 31 2021n/an/a

₹6b

Sep 30 2021n/an/a

₹4b

Jun 30 2021n/an/a

₹4b

Mar 31 2021₹10mn/a

₹4b

Compensation vs Market: Ramesh's total compensation ($USD365.25K) is about average for companies of similar size in the Indian market ($USD481.61K).

Compensation vs Earnings: Ramesh's compensation has been consistent with company performance over the past year.

CEO

Ramesh Boddu (63 yo)

4.3yrs

Tenure

₹30,843,478

Compensation

Mr. Ramesh Babu Boddu, M. Com., (with specialization in Banking); C.A.I.I.B., Diploma in International Factoring” by Factors Chain International, Netherlands, has been Director, Managing Director and Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Ramesh Boddu
MD, CEO & Director4.3yrs₹30.84m0.010%
₹ 17.6m
J. Natarajan
President & Whole-Time Executive Director6.6yrs₹12.94m0.015%
₹ 25.5m
Ramshankar R.
GM & CFO2.8yrs₹490.82kno data
M. Chandrasekaran
Chief General Manager & COO1.1yrsno datano data
S. Sekar
GM & Chief Information Officerno datano datano data
Srinivasa Maddirala
Company Secretary7.5yrsno datano data
V. Srinivasan
GM and Head of Credit Monitoringno datano datano data
K. V. S. Sudhakar
Chief General Manager & Chief Compliance Officerless than a yearno datano data
Daniel Gnanaraj
GM & Chief Human Resources Officerno datano datano data
S. Balaji
Chief General Managerno data₹4.28mno data
S. Ravi
GM & Head of Agricultural Business Groupno datano datano data
R. Venkatesan
Deputy GM & Head of Operationsno datano datano data

3.5yrs

Average Tenure

62.5yo

Average Age

Experienced Management: 590003's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ramesh Boddu
MD, CEO & Director4.3yrs₹30.84m0.010%
₹ 17.6m
J. Natarajan
President & Whole-Time Executive Directorless than a year₹12.94m0.015%
₹ 25.5m
Ramani Shankar
Non-Executive Independent Directorless than a yearno data0.00031%
₹ 530.3k
Murali Ramaswami
Non-Executive Independent Director2.4yrs₹3.65m0.00032%
₹ 547.4k
Meena Hemchandra
Non-Executive Independent Part-Time Chairman2.5yrs₹2.55m0.00031%
₹ 530.3k
R. Ramkumar
Non-Executive Non-Independent Director6.4yrs₹3.50m0.28%
₹ 475.0m
Krishnan Mohan
Non-Executive Independent Director4.8yrs₹3.30m0.00031%
₹ 530.3k
Chinnasamy Ganesan
Non-Executive Independent Director1.6yrs₹2.56m0.00031%
₹ 530.3k
Sridhar Srimathy
Additional Independent Directorless than a yearno datano data
Harshavardhan Raghunath
Non-Executive Independent Director4.3yrs₹3.55m0.00031%
₹ 530.3k

2.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 590003's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.