Murali Ramakrishnan, MD and CEO of South Indian Bank, has announced that he will not seek re-appointment when his tenure ends in September. Ramakrishnan explained that his decision was purely personal, and that he had finished implementing organisational changes that would keep the bank running smoothly until his tenure ends. He added that he would spend the next six months ensuring a smooth transition for his successor, who must manage challenges created by changes in the banking sector .