Management @ TMB
read about the past and present management
Founder Directors of TMB
- Shri M.V. Shanmugavel Nadar
- Shri M.VE. Kasisamy Nadar
- Shri K.A.M.A. Kaliyappa Nadar
- Shri T.V. Balagurusamy Nadar
- Shri P.K.S.A. Arumuga Nadar
- Shri M.VE. Ratnasamy Nadar
- Shri AR.A.S. Arumugasamy Nadar
- Shri W.P.A. Marimuthoo Nadar
- Shri A.M.M. Sinnamani Nadar
- Shri AR.A. Shenbaga Nadar
The Nadar Bank Ltd.
The bank initially known as “The Nadar Bank Ltd.” became a Scheduled Bank under the Reserve Bank of India Act on May 11, 1935. The Nadar Bank Ltd., changed its name to the Tamilnad Mercantile Bank Ltd., on Nov 26, 1962. Ever since the bank stands pre-eminently among the galaxy of banks in the private sector depicting scientific and sound functioning.
Excellence in Management
The bank has been fortunate in having very eminent and honest men of vision and great talent as Board of Directors and Executives. The ever increasing profit figures of the bank depicts the efficiency of the management. The bank, which was opened with a small capital of Rs. 5 Lakhs, has an impeccable record of having crossed a net worth of Rs. 1000 Crores as on Mar 31, 2010 making us a strong and sound bank.
Past & Present Chief Executives
The strong foundation was laid down by the Chief executives of the bank from the very beginning by their outstanding efficiency, devotional duty, able administration and profound knowledge.
In 1969, the Reserve Bank of India advised for the appointment of a whole time Chairman and Chief Executive Officer of the bank. The following persons have so far served in that post.
| Chairman | Period of Association |
|---|---|
| * Non Executive Part Time Chairman. | |
| Shri R. Jeyaraj | 1969-1988 |
| Shri J. Kasiviswanathan | 1989-1991 |
| Shri M. Jesudasan | 1992-1996 |
| Shri K.N.V. Nayar | 1996-1997 |
| Shri S. Krishnamurthy | 1997-2002 |
| Shri R. Natarajan | 2002-2004 |
| Shri S. Radhakrishnan | 2004-2006 |
| Shri M.G.M. Maran * | 09-04-2007 to 08-04-2008 |
| MD and CEO | Period of Association |
|---|---|
| Shri G. Narayana Moorthy | Dec 2006 to May 2009 |
| Shri G. Nagamal Reddy | Jun 2009 to Sep 2010 |
| Shri A.K. Jagannathan | Sep 2010 onwards |
Board of Directors of Tamilnad Mercantile Bank
The following eminent personalities represent the Board of Directors.
| Name of Director | Additional Designation |
|---|---|
| Thiru A.K. Jagannathan | MD & CEO |
| Thiru B. Prabaharan | |
| Thiru S.C. Sekar | |
| Thiru V.V.D.N. Vikraman | |
| Thiru S.R. Aravind Kumar | |
| Thiru P. Mahendravel | |
| Thiru P. Yesuthasen | |
| Thiru S. Sundar | |
| Thiru Thirukumar Vethanayagam | |
| Thiru A. Shidambaranathan | |
| Thiru K.N. Rajan | Additional Director (RBI Nominee) |
| Thiru Dr. K.V. Rajan | Additional Director (RBI Nominee) |
General Managers of our Bank
| Name | Portfolio Handled |
|---|---|
| Shri S. Selvan Rajadurai Ph.: +91 461 232 5411 (Direct) | Business Development, Planning, Establishment, International Banking Division, Treasury, Information Technology, Human Resources Development including Disciplinary Authority. |
| Shri K.B. Nagendra Murthy Ph.: +91 461 233 9146 (Direct) | Credit |
| Shri M. Ganesan Ph.: +91 461 232 0748 (Direct) | Accounts & MIS, Recovery, Inspection, Risk Management, Legal Cell, Vigilance (except Disciplinary Authority), Credit Audit & Monitoring. |
