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T. Latha quits Dhanlaxmi Bank as MD and CEO

T. Latha, MD and CEO at Dhanlaxmi Bank, has resigned. She has cited personal reasons for the action. The bank said in a filing with the stock exchanges that Latha has submitted her resignation as MD & CEO and director of the bank on 30 October. The bank added that the resignation has been accepted by the board. She had taken over the reins of crisis-hit bank in July 2018. Her appointment was for 3 years following retirement of G Sreeram. Latha was an ED at Punjab National Bank and there were questions raised at the time of her appointment about her being issued a charge sheet in the Nirav Modi case.

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