Puttur: Karnataka Bank has appointed Dr. M. Aruna Shyam as an Additional Director (Non-Executive, Independent) on its Board for a period of four years with effect from July 18, 2026. The appointment is subject to the approval of the bank's shareholders in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the applicable provisions of the Companies Act, 2013.
Dr. M. Aruna Shyam is a postgraduate in Business Law and holds a doctorate in Law with specialization in Constitutional and Criminal Law.
He has been practicing law since 2004 and has represented clients before Civil Courts, various Tribunals, Debt Recovery Tribunals, the National Company Law Tribunal (NCLT), the Karnataka High Court and the Supreme Court of India. Over the past two decades, he has built extensive expertise in Civil, Criminal, Constitutional, Corporate, Banking, Labour, Insurance, Service and Co-operative Laws.
From 2020 to 2023, Dr. Shyam served as the Additional Advocate General for the State of Karnataka, representing the State in several significant constitutional and public law matters before the Karnataka High Court and other judicial forums.
Recognising his legal excellence, the Karnataka High Court designated him as a Senior Advocate on December 14, 2021. Since then, he has appeared before various High Courts and judicial forums across the country, handling complex and high-value litigation while advising clients on important legal matters.
Karnataka Bank stated that Dr. M. Aruna Shyam's appointment as a Non-Executive Independent Director will further strengthen the Board with his vast legal expertise, governance experience and professional knowledge.
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