Ajay Kumar Srivastava to be the next MD and CEO of Indian Overseas Bank

Ajay Kumar Srivastava to be the next MD and CEO of Indian Overseas Bank

Daily Current Affairs   /   Ajay Kumar Srivastava to be the next MD and CEO of Indian Overseas Bank

Change Language English Hindi

Category : Appointment/Resignation Published on: September 30 2022

Share on facebook
  • The Government of India has approved the appointment of Ajay Kumar Srivastava as the Managing Director and Chief Executive Officer (CEO) of Indian Overseas Bank  for a three year term with effect from 1 January 2023.
  • Ajay Kumar Srivastava is presently the Executive Director in the bank.
  • The present MD and CEO of IOB, Partha Pratim Sengupta’s tenure ends on 31 December 2022.
  • It is a public sector bank owned by the government of India 
  • The Indian Overseas bank was founded by M. Chidambaram Chettyar in 1937.
  • It was nationalized by the government of India in 1969.
Recent Post's

  • The Telangana government launched the Indiramma Family Life Insurance Scheme providing ₹5 lakh coverage to 1.15 crore families starting June 2, 2026.

    Read More....

  • The Prakriti 2026 conference in New Delhi introduced the Indian Carbon Market Portal to streamline carbon trading and climate action.

    Read More....

  • The traditional Kelbai ‘Peth’ Festival is being celebrated in Mulgao, Goa, featuring a sacred ritual journey of the deity to Mayem village.

    Read More....

  • Scientists identified the desert moss Syntrichia caninervis as a potential pioneer for Mars colonization due to its extreme resilience.

    Read More....

  • World Water Day 2026 was observed on March 22 with the theme "Water and Gender" to promote equitable access and management.

    Read More....

  • A new wild kiwi species, Actinidia indica, was discovered by the Botanical Survey of India in the Ziro Valley of Arunachal Pradesh.

    Read More....

  • The Indian government launched the PRARAMBH 2026 campaign to educate citizens about the new Income Tax Act, 2025, effective from April 1.

    Read More....

  • Pakistan ranked first in the Global Terrorism Index 2026 due to rising violence, while India stood at the 13th position.

    Read More....

  • The Madras High Court issued directives for the systematic removal of the invasive plant species Prosopis juliflora to restore Tamil Nadu's ecology.

    Read More....

  • The National Productivity Council (NPC) has been designated as the Environment Audit Designated Agency to monitor industrial compliance.

    Read More....