

Founder Directors of TMB

The bank 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 November 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 a net worth of Rs. 656.79 Crores as on March 31, 2006 making it 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 |
|---|---|
| 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 |
* Non Executive Part Time Chairman.
| MD and CEO | Period of Association |
|---|---|
| Shri G. Narayana Moorthy | Dec. 2006 to May 2009 |
| Shri G. Nagamal Reddy | June 2009 onwards |
Board of Directors of Tamilnad Mercantile Bank
As on February 12, 2010, the following eminent personalities represent the Board of Directors of Tamilnad Mercantile Bank.
| Name of Director | Additional Designation |
|---|---|
| Thiru G. Nagamal Reddy | MD & CEO |
| Thiru S.C. Sekar | |
| Thiru V.V.D.N. Vikraman | |
| Thiru S.R. Aravind Kumar | |
| Thiru P. Mahendravel | |
| Thiru B. Prabaharan | |
| Thiru T. Raja Kumar | |
| Thiru Thirukumar Vethanayagam | |
| Thiru P. Yesuthasen | |
| Thiru S. Sundar | |
| Thiru K.N. Rajan | RBI Nominee |
| Thiru Dr. K.V. Rajan | RBI Nominee |
General Managers of our Bank
| Name | Portfolio Handled |
|---|---|
| Shri A. Manickam Ph.: +91 461 232 2989 (Direct) | Human Resource Development, Accounts, Recovery, Inspection, Vigilance & Risk Management |
| Shri K.B. Nagendra Murthy Ph.: +91 461 233 9146 (Direct) | Credit |
| Shri S. Selvan Rajadurai Ph.: +91 461 232 5411 (Direct) | Business Development, Planning, Establishment, International Banking Division, Treasury & Information Technology. |