IDBI Bank re-appoints Samuel Joseph Jebaraj as DMD

IDBI Bank re-appoints Samuel Joseph Jebaraj as DMD

Daily Current Affairs   /   IDBI Bank re-appoints Samuel Joseph Jebaraj as DMD

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Category : Appointment/Resignation Published on: September 09 2022

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  • IDBI Bank announced the reappointment of Samuel Joseph Jebaraj as the Deputy Managing Director (DMD) on the Board of the Bank for a period of three years.
  • The re-appointment is with effect from September 20, 2022 as per approval of the RBI received in this regard.
  • Prior to joining IDBI Bank, the industry veteran served EXIM Bank from July 1998 up to September 2019 in various capacities.
  • Life Insurance Corporation of India (LIC) is the promoter of the bank having management control, with 49.24 per cent stake.
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