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M Damodaran Appointed ING Vysya Non-Executive Chairman

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New Delhi: ING Vysya Bank, which is going to be merged with Kotak Mahindra Bank, on Wednesday appointed former Securities and Exchange Board of India (Sebi) chief M Damodaran as its non-executive chairman.

Meleveetil Damodaran, director of the bank, has assumed charge as part-time chairman effective January 14, ING Vysya Bank said in a statement.

A former IAS, Mr Damodaran was chairman of the capital market regulator from 2005 to 2008.

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