Technology veteran brings nearly 30 years of experience across banking, cybersecurity, cloud computing and digital transformation
Mumbai: Karnataka Bank has appointed technology veteran Sughosh Nagendra as its Chief Technology Officer (CTO), effective October 30, 2026. The executive search was led by retained leadership hiring firm Venator Search Partners.
Nagendra brings nearly three decades of IT experience. He most recently served as Group Chief Information Officer at Agilus Diagnostics and has held senior technology leadership roles at YES Bank, First Abu Dhabi Bank, RBL Bank, UBS and Barclays Bank.
His expertise spans digital transformation, core banking migrations, cybersecurity, cloud computing, enterprise architecture, infrastructure modernisation and technology risk management. An alumnus of the National Institute of Engineering, Mysuru, he has also led initiatives involving legacy system upgrades and operational resilience.
Commenting on the appointment, Bharati Mujumdar, Director – Operations at Venator Search Partners, said banking technology leadership requires balancing business growth, customer experience, cybersecurity and regulatory compliance. She highlighted Nagendra’s combination of banking-domain knowledge and enterprise technology experience as relevant to the role.
The appointment comes as banks increasingly focus on modernising core technology platforms, strengthening cyber defence, adopting cloud infrastructure and expanding automation while maintaining operational resilience and regulatory compliance.