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Home  » About Us -> Board of Directors
Announcement
Unaudited Financial Results

Unaudited financial results of the bank for the quarter ended 31st Dec 2011

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Notice

LVB has successfully raised Tier II Capital over Rs. 250 Crores

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  Board Of Directors

 


Shri.  P.R. Somasundaram
Managing Director & CEO

Date of Birth :  15.11.1960
Qualification :  B.com, ACA, ICWAI and PG in Management Accountancy

Mr.Somasundaram is the Managing Director and CEO of Lakshmi Vilas Bank (LVB), a private sector scheduled commercial bank headquartered in Karur , with a strong presence in the South for over 8 decades and is currently operating with 274 branches, more than 391 ATMs, 2950 staff  and a customer base of over 1.8 million customers. Mr.Somasundaram joined LVB in August 2010 from Standard Chartered Bank (SCB) where his last assignment was that of Managing Director and CEO of the India Equities Broking and Investment Banking Subsidiary - Standard Chartered - STCI Capital Markets Limited.

Mr. Somasundaram brings with him experience of over 25 years in FMCG and Banking. He joined Standard Chartered Bank as the Head of Finance and Strategy for wholesale banking India, later the Head of Finance for the bank in India, followed by Head of Strategic Initiatives for South Asia and India Head for NBFI subsidiaries before acquiring and managing the equities subsidiary.
Mr. Somasundaram has been a member of the India Manco of Standard Chartered Bank and has also been a co-head of the banking and finance sub-committee of the Bombay Chamber of Commerce.

Prior to  SCB,  Mr. Somasundaram spent 14 years with Hindustan Unilever Limited and Unilever in a variety of roles in India and the UK, including corporate accounting, factory commercial, commodity buying,  creating and managing the cold chain for the frozen foods business in India, commercial management of frozen foods business in the U.K , M&A and Strategy.

Mr. Somasundaram is a Chartered and Cost Accountant from India with a post graduation in Management Accountancy.

Shri. N. Saiprasad.

Director

Date of Birth : 26.03.1964
Qualification: M.sc., M.B.A

He hails from a renowned Business family. He has professional exposure in Marketing and decades of experience & exposure in textile business & Exports. He hails from the promoters' family and has widely traveled in India and abroad.

Shri. K. Ravindrakumar.
Director

Date of Birth : 15.08.1958
Qualification: M.Com

He has been in Jewellery business for decades. He has shown keen interest   
in social welfare activities and has widely traveled in India & abroad.

Shri. Kusuma R Muniraju
Director

Date of Birth:20.06.1949
Qualification:B.Sc., L.L.B.,DCT.,

He is an advocate with 37 years of standing and specialised in the areas of legal issues of the reality sector.


Shri. D.L.N.Rao
Director

Date of Birth:03.03.1949
Qualification:B.Sc., L.L.B.,PG Diploma in Social Science

He is a Senior advocate with 37years of standing and practicing Civil Law, Constituitional Law, Mining Law and Taxation in the High Court of Karnataka.



Shri. B.K.Manjunath
Director

Date of Birth:27.03.1960
Qualification:B.Com.,FCA.,

He is a practicing Chartered Accountant with 21years of standing and specialized in the areas of Audit, Accountancy, Taxation and Finance.


Shri. K.R.Pradeep
Director

Date of Birth:08.09.1960
Qualification:B.B.M.,FCA.,

He is a practicing Chartered Accountant with 25 years of standing and specialized in the areas of Direct Taxes, consultant, advisor to various group of Industries and Multinational Companies in India.
 

Shri. S.G.Prabhakharan
Director

Date of Birth:15.05.1955
Qualification:B.Com.,B.L.,A.C.S

Realtor having had sterling practice of Law from 1978 to 1994.

He was instrumental in setting up the first Private Sector Mutual Fund in collaboration with Pioneer Mutual Fund, Boston, USA in 1993 and was a Director of Kothari Pioneer Asset Management Company. Director of the Bank from 1998 to 2006.

Shri. S.Dattathreyan
Director

Date of Birth:11.02.1962
Qualification:B.E.

He is a Mechanical Engineer. He has 25 years experience in FMCG Business and he has shown keen interest in social activities. 

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