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

Change Language English Hindi

Category : Appointment/Resignation Published on: January 03 2023

Share on facebook
  • 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. 
Recent Post's
  • 12th-century Mandir-style pillar fragments discovered in Hinganghat reflect Hemadpanti architecture and highlight the region’s medieval cultural significance.

    Read More....
  • Varanasi sets a Guinness record by planting over 2.5 lakh saplings in one hour using Miyawaki method under Namo Van urban forest project.

    Read More....
  • India enters advanced memory manufacturing as Micron’s Sanand ATMP facility begins DRAM and NAND production with $2.7 billion investment.

    Read More....
  • US and Israel launch coordinated strikes on Iran, targeting top leadership, escalating tensions in West Asia.

    Read More....
  • Oldest known hand stencil dated 67,800 years discovered in Sulawesi cave, highlighting early human symbolic expression.

    Read More....
  • Tripura launches its first State Innovation Mission with T-NEST hub, promoting startups, AI policy, and inclusive innovation.

    Read More....
  • Mangaluru Airport wins ASQ ‘Best Airport at Arrivals’ award for the second consecutive year.

    Read More....
  • NSV Kaundinya completes maiden Oman voyage and returns to Mumbai, highlighting India’s maritime heritage.

    Read More....
  • Assam distributes land pattas to over one lakh families under Mission Basundhara 3.0, enhancing legal ownership and governance.

    Read More....
  • UAE launches world’s first sovereign financial cloud, SFCSI, offering AI-driven secure digital infrastructure for financial institutions.

    Read More....