India's Lakshmi Vilas Bank Ltd. appointed S. Sundar as interim managing director and CEO, effective Jan. 1.

Sundar was CFO and resigned Dec. 31, 2019, according to a same-day release. He was also appointed as an additional director of the bank.

Sundar will continue to serve in the role until the earliest of the appointment of a regular managing director and CEO or April 30. His appointment came after Parthasarathi Mukherjee resigned as managing director and CEO of the bank in late August 2019 for personal reasons.