Ajay Kumar Srivastava becomes new MD and CEO of Indian Overseas Bank

Ajay Kumar Srivastava becomes new MD and CEO of Indian Overseas Bank

Daily Current Affairs / Ajay Kumar Srivastava becomes new MD and CEO of Indian Overseas Bank

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Category : Appointment/Resignation Published on: January 03 2023

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Ajay Kumar Srivastava has been elevated as Managing Director and CEO of Indian Overseas Bank with effect from January 1, 2023 from his current posting as executive director.
Prior to taking up the new role, Srivastava was serving the city-headquartered bank as its executive director.
Srivastava commenced his banking career as a probationary officer in Allahabad Bank in 1991.
After serving over 27 years, he joined Indian Overseas Bank in October 2017.
Indian Overseas Bank is one of the public sector banks (PSB) in India.
Apart from him Government of lndia has appointed Sanjay Vinayak Mudaliyar, chief general manager at Bank of Baroda as executive director in IOB for a period of three years with effect from the date of assumption of office on or after 1 January 2023.

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