Dhanlaxmi Bank has appointed Ajith Kumar KK as its Managing Director and CEO, effective June 20, 2024, for a tenure of three years. The announcement, made via regulatory filing, awaits shareholder approval as per legal requirements. Ajith Kumar KK brings over 36 years of extensive banking experience, having served in various senior roles at Federal Bank, including Chief Human Resources Officer. His appointment signals strategic leadership aimed at steering Dhanlaxmi Bank through growth initiatives and operational enhancements in the competitive banking sector.