Management @ TMB

read about the past and present management
Founder Directors

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.

Board of Directors of Tamilnad Mercantile Bank

The following eminent personalities represent the Board of Directors.

Present Board of Directors at TMB
Name & Information about our Board Members
Thiru S. Annamalai, Non Executive Part Time Chairman, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru S. Annamalai

B. Tech (Chem. Engg.)
Non Executive Part Time Chairman


A leading businessman with close to 50 years of General Management experience in many SSI / Large Scale Industries. He was a Director in Bharat Overseas Bank Ltd. between 1987 to 1994. He is Vice Chairman of Pandian Chemicals Ltd. promoted by Metal Powder Company Ltd. and TIDCO. He is the Managing Director of Pioneer Jellice India Private Ltd. and Director in several companies. He is also the Correspondent / Secretary / Member of the Management Committee in various Educational Institutions.

Thiru K.V. Rama Moorthy, MD & CEO, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru K.V. Rama Moorthy

B. Sc. (Agri), CAIIB
MD & CEO


Having 34 years of rich banking experience in Bank of Baroda in various cadres from Agri. Officer to Executive Director. He was Chief Executive, Territorial Head for GCC operation, UAE Dubai during 2014-2015. He was then associated with Shahjahanpur RRB as Chairman during June 2015 to January 2016. He was a nominated Director in Nainital Almora Kshetriya Gramin Bank (sponsor bank from Bank of Baroda) during the period from Feb 2014 to June 2014. He was Executive Director in United Bank of India for last 2 years. During his tenure he was managing, supervising, controlling and guiding the entire operations of the Bank.

Thiru Anup Kumar, Director, RBI Nominee, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru Anup Kumar

BA (Hons), CAIIB, PG diploma in Treasury and Forex Management, MBA (Finance), MPA (LKYSPP, Singapore)
Director, RBI Nominee


Having experience of around 20 years at Reserve Bank of India and presently posted as General Manager, Reserve Bank of India, Bengaluru Office. He has an MBA (Finance) degree from ICFAI University and Masters in Public Administration from Lee Kuan Yew School of Public Policy, National University of Singapore. His professional experience cover areas such as banking and non banking supervision, urban co-operative banking regulation, currency management.

Thiru S.R. Ashok, Additional Director, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru S.R. Ashok

MBBS., D. Ortho
Additional Director


Hailing from business family having basic knowledge about the trade and SSI. He is a Doctor by profession, presently servicing in Thoothukudi Medical College Hospital. He served in abroad, under Ministry of Health, Kingdom of Saudi Arabia from June 2005 to May 2008 and also served as professor in Pondicherry Institute of Medical Science (PIMS) from May 2010 to October 2013.

Thiru P.C.G. Asok Kumar, Director, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru P.C.G. Asok Kumar

B. Sc.
Director


Having rich knowledge and experience in SSI unit for the past 17 years and having experience in the stock market both primary and secondary market for more than 25 years.

Tmt. S. Ezhil Jothi, Additional Director, Tamilnad Mercantile Bank Ltd. (TMB)

Tmt. S. Ezhil Jothi

B. Com., A.C.S.
Additional Director


She is a Commerce Graduate and an Associate Member of the Institute of Company Secretaries of India (ACS). At present she is a Practising Company Secretary having experience in the areas of Company Secretarial Compliance and Corporate Governance. She is also a resource person in teaching various Corporate Laws at ICSI Madurai and other Institutions.

Thiru B.S. Keshava Murthy, Independent Director, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru B.S. Keshava Murthy

M. Sc., CAIIB – Part I
Independent Director


Over 37 years of management experience in various segments of banking. Previously "Chief General Manager" with Indian Overseas Bank, a mid-sized PSB. Served as General Manager -Corporate Credit, Chief Financial Officer (CFO) and Head-Integrated Treasury at IOB between 2008 and 2014. He was member on important committee/sub-committee relating to capital requirement of banks / infrastructure project financing & monitoring, during the subject period. He has served as additional Independent Director on the Board of a reputed public listed co. earlier.

Thiru K. Nagarajan, Director, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru K. Nagarajan

B. Sc., L. L. B.
Director


Practising as advocate at Madras High Court since 1984 with the break of 4 years from 1988 to 1992. He is having about 30 years of experience in High Court. He is panel advocate in various Companies, Banks, Corporations, etc. He was also involve in various Agriculture activities, rural activities and associated in forming societies to get better valuation for coconuts and other agriculture products.

Thiru D.N. Nirranjan Kani, Additional Director, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru D.N. Nirranjan Kani

MA
Additional Director


Over 36 years of entrepreneurship experience in various companies. Having special knowledge in SSI and marketing. He is director in VVD & Sons Pvt Ltd., manufacturing branded coconut oil. The brand is a market leader in Tamilnadu.

Dr. K.V. Rajan, Director, RBI Nominee, Tamilnad Mercantile Bank Ltd. (TMB)

Dr. K.V. Rajan

M. A., Ph. D., CAIIB, ASC (Kiel)
Director, RBI Nominee


Having experience of over 36 years in Reserve Bank of India having retired as Chief General Manager. He has an MA in Economics from Madras University, doctorate in Economics from the University of Bombay and ASC from Kiel Institute of World Economics, Germany. His contributions have appeared in the RBI Occasional Papers, Kiel Institute Working Paper series, financial dailies like the Economic Times, Financial Express, etc. His professional experience covers areas such as banking regulation and supervision, regulation and supervision of co-operative banks, currency management, Govt. debt management, etc.

Thiru A. Shidambaranathan, Independent Director, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru A. Shidambaranathan

B. Com., F. C. A., Grad. C. W. A.
Independent Director


Practising as a Chartered Accountant for about 30 years. Having rich knowledge and experience in Auditing, Accounting, Taxation and Finance.

Thiru B. Vijayadurai, Director, Tamilnad Mercantile Bank Ltd. (TMB)

Thiru B. Vijayadurai

M. Com., F. C. A., DISA
Director


Practising as a Chartered Accountant for about 19 years. Having rich knowledge and experience in Auditing, Accounting, Taxation and Finance.

General Managers of our Bank

Present General Managers of TMB
NamePortfolio Handled
Shri S. Kandavelu
Ph.: +91 461 232 0360
Human Resource Development, Integrated Treasury, International Banking Division, DP Cell, RTGS Cell, Establishment Department and Inspection.
Shri M. Avadai Nayagam
Ph.: +91 461 233 3390
Information Technology and Vigilance.
Shri R. Ravindran
Ph.: +91 461 232 5411
Credit, Recovery, Credit Audit & Monitoring, KYC / AML Cell, MIS and Legal Cell.

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.

Past and Present Chairman of TMB
ChairmanPeriod of Association
* Non Executive Part Time Chairman.
Shri R. Jeyaraj1969-1988
Shri J. Kasiviswanathan1989-1991
Shri M. Jesudasan1992-1996
Shri K.N.V. Nayar1996-1997
Shri S. Krishnamurthy1997-2002
Shri R. Natarajan2002-2004
Shri S. Radhakrishnan2004-2006
Shri M.G.M. Maran *09-04-2007 to 08-04-2008
Past and Present MD / CEO at TMB
MD and CEOPeriod of Association
Shri G. Narayana MoorthyDec 2006 to May 2009
Shri G. Nagamal ReddyJun 2009 to Sep 2010
Shri A.K. JagannathanSep 2010 to May 2012
Shri K.B. Nagendra MurthyJul 2012 to Jul 2014
Shri H.S. Upendra KamathJul 2014 to May 2017
Shri K.V. Rama MoorthySep 2017 onwards