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Chandavarkar is SVC Bank chairman

Mumbai-based cooperative bank SVC Bank has appointed Durgesh Chandavarkar as its chairman. He replaces Vinod G. Yennemadi, who passed away recently. Udaykumar P. Gurkar will continue as vice chairman of the bank. Ajit Venugopalan, MD of the bank said Chandavarkar is an industrialist with more than 35 years of experience across varied industries and it is only befitting for the bank to have him in the absence of Yennemadi. Chandavarkar helms many companies, including Standard Greases & Specialties and Geotic Co. He is also involved with many charitable organizations.

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