On 25 April 2024, Karnataka Bank announced the appointment of Vinaya Bhat, P.J. as its Chief Compliance Officer. The appointment will be effective from 25 April 2024 for three years.

Mr. Vinaya Bhat P.J. is a senior executive of Karnataka Bank and has over 27 years of experience in the banking industry holding various positions in Treasure, Accounting, Credit Sanctions and Credit Marketing etc.

As a century-old bank in India, Karnataka Bank was established in 1924, has become India's leading 'A' rated commercial bank.