CSB Bank Ltd appoints Ms. Sharmila Abhay Karve as additional director

Based on the recommendation of the Nomination & Remuneration Committee, the Board of Directors of CSB Bank Ltd in their meeting held on July 20, 2020 have appointed Ms. Sharmila Abhay Karve, (DIN: 05018751) as an Additional Director (Independent) of the Bank for a tenure of 3 (three) years with effect from July 20, 2020.

Ms. Sharmila Abhay Karve has over three decades of association with PriceWaterhouseCoopers (PwC) in various capacities till she retired from the PwC network of firms on 30th of June 2019.

In PwC, Ms. Sharmila held various positions. She was an audit partner for several Indian and Multinational clients for many years. She was appointed as the Ethics and Business Conduct Leader for the firms and was also elected to the Partnership Oversight Committee (POC) which is responsible for governance and oversight. Later, she took over as the Head of Audit. She has also been the team Head for Risk & Quality, which restructured the risk profile of their clients' products and services and implemented mitigating controls. In 2017, she was appointed as the Diversity & Inclusion Leader for the PwC Global network and was on the Global Leadership Team and the Global Human Capital Team.

Ms. Sharmila Abhay Karve is a member of The Institute of Chartered Accountants of India and is also a Commerce Graduate from Mumbai University.

She is a director in Syngene International Limited, Essel Propack Limited, Vanaz Engineers Limited, Essel Packaging (Guangzhou) Limited, Lamitube Technology Limited, Mauritius and Essel Propack America LLC.

Source : Equity Bulls

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