CSB Bank appoints Anish Thurthi as an Additional Director in the Non-Executive, Non-Independent category with effect from September 25, 2026, according to its BSE filing on the same date. The board also approved changes to three board committees, effective September 26, 2026.

Thurthi was nominated by FIH Mauritius Investments Ltd, the bank’s promoter. The appointment followed a recommendation from the Nomination and Remuneration Committee, and he will be liable to retire by rotation.

The bank said it will seek members’ approval within the prescribed period under Section 161 of the Companies Act, 2013, read with the SEBI Listing Regulations. It disclosed that Thurthi is not related to any other director of the bank and is not debarred from holding a directorship by SEBI or any other such authority.

Investment management and deal advisory experience

Thurthi is a chartered accountant with more than 20 years of experience in investment management, mergers and acquisitions, and financial advisory. He holds a Bachelor of Commerce degree from Bangalore University.

He is currently a Director at Fairbridge Capital Private Limited, an investment advisory firm managing investments for Fairfax Financial Holdings Limited and Fairfax India Holdings Corporation. His responsibilities include sourcing and executing new investments and investment management.

Previously, he was a partner in KPMG India’s Deal Advisory practice, where he spent over 13 years advising on more than 200 corporate M&A transactions and private equity investments. His work covered financial due diligence, structuring, buyouts and merger integrations across infrastructure, consumer goods and industrials.

Committee changes take effect on September 26

The board approved the following committee changes with effect from September 26, 2026:

  • Nomination and Remuneration Committee: Sudhin Choksey was appointed chairperson, and Anish Thurthi was inducted as a member. Renu Kohli and D N Narasimha Raju are the other members.
  • Risk Management Committee: D N Narasimha Raju was appointed chairperson of the seven-member committee.
  • Corporate Social Responsibility & ESG Committee: Anish Thurthi and Biswamohan Mahapatra were newly inducted. Pralay Mondal chairs the committee, which also includes Sudhin Choksey.

The September 25 board meeting began at 10.30 a.m. IST and concluded at 1.50 p.m. IST.

Source: BSE corporate announcement.