SVC Co-op Bank: Chandavarkar takes over as Chairman

After the death of Vinod G. Yennemadi, an industrialist Durgesh S. Chandavarkar has become the new Chairman of third largest Urban Cooperative Bank of India – SVC Cooperative Bank. His name was announced during the board meeting held on Wednesday.

It bears recall that SVC Cooperative Bank Chairman Vinod G. Yennemadi passed away last Saturday. He was 78. He died in Bangalore.

Chandavarkar has the experience of over 35 years across varied industries. He is the Chairman & Managing Director of Standard Greases & Specialities Private Limited and Geotic Company Limited, Chairman of Royal Castor Products Limited, Director of Astrum Healthcare Private Limited, Standard Oils & Greases Private Limited, Tide Water Oil Co. (India) Ltd. and Veedol Internal Limited based in United Kingdom.

He is also actively involved in various Community Social Responsibility (CSR) projects through Charitable Trusts where he is a Trustee.

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