Karnataka Bank appoints cybersecurity expert P. Periaswamy as additional director
Karnataka Bank has appointed cybersecurity expert Parthasarathi Periaswamy as an additional director to strengthen its governance and technology oversight. Periaswamy brings extensive experience from his previous roles at the Reserve Bank of India and various financial technology institutions.
Why it matters
The appointment highlights the increasing focus of the Indian banking sector on cybersecurity and digital resilience in the face of evolving threats.
Karnataka Bank Ltd. has appointed Parthasarathi Periaswamy as an additional director (non-executive and independent) for a period of four years, with effect from July 29.
The appointment is subject to the approval of the bank’s shareholders.
A release here said Mr. Periaswamy is a seasoned technology and cybersecurity leader with over three decades of experience at the highest levels of India’s financial sector. As former chief information security officer and chief general manager (IT) at the Reserve Bank of India, he played a pivotal role in shaping national cybersecurity frameworks, modernising mission-critical infrastructure, and strengthening resilience across the banking ecosystem.
He served as chief technology officer at the Institute for Development and Research in Banking Technology (IDRBT), where he directed IT infrastructure, trust services, and the National Threat Intelligence Platform (IB-CART).
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