NSEChange in Management1 Jul 2026 · 1 Jul 2026, 08:43 pm

Change in Management

Indian Overseas Bank · IOB

✦ AI SummaryMgmt Change

Indian Overseas Bank has informed the Exchange about change in Senior Management Personnel, with several new designations and functional allocations effective July 1, 2026.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Indian Overseas Bank has informed the Exchange about change in Senior Management

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IOB_01072026204302_CGMandGMElevation.pdf

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Ref No. IRC/90/2026-27 01.07.2026 The General Manager, The Vice President, Department of Corporate Services, National Stock Exchange Ltd., BSE Limited, Exchange Plaza, C-1 Block G, Floor 1, P.J. Towers, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai – 400 051 BSE SCRIP CODE: 532388 NSE SCRIP CODE: IOB Madam / Sir, Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Change in Senior Management Personnel Pursuant to Regulation 30 & 51 of SEBI (LODR) Regulations, 2015, we would like to inform about the change in Senior Management of the Bank as under. Effective Sl. No Name Reason for change Date for Brief Profile change Shri S. Alagarsamy has joined the Bank in September 1991 and has more than 34 years of experience in Banking Industry. He has completed M.Sc., CAIIB and has completed Certificate on Risk in Financial Services, Elevation to the post Certificate Programme in IT of Chief General 1 Mr. Alagarsamy S 01.07.2026 & Cyber Security for CXOs. Manager of the Further, he is a Certified Bank Accounting and Audit Professional, Certified Treasury Professional and a Certified Credit Professional. Shri Alagarsamy. S has been designated as Chief Compliance Officer of the Bank with effect from 01.07.2026 Shri Vikram Khera has joined Elevation to the post 2 Mr. Vikram Khera 01.07.2026 the Bank in August 2008 and of General has 17 years of experience Manager of the in Banking Industry. He has Bank completed M.Sc, MBA, B.I.T, Certificate in Forex , Certificate in Forex and is a Certified Associate of Indian Institute of Bankers (CAIIB). Further, the following changes have been made in the functional allocation of Senior Management Personnel. Effective Sl. No Name Reason for change Date for Brief Profile change Change in functional assignment He has joined the Bank in March 1999 and has more New portfolios than 27 years of experience Mr. Sanjay Kumar allocated: in Banking Industry. He has 1 Singh, General 01.07.2026 Accounts completed B.A (Hons) and Manager and is a Certified Associate Existing portfolios: of Indian Institute of Bankers Conduct and (CAIIB). Disciplinary Action Cell Change in functional allocation New portfolios He has joined the Bank in allocated: February 1989 and has Enterprise Data more than 37 years of Management Mr. Sathia experience in Banking Department 2 Narayanan, 01.07.2026 Industry. He has completed General Manager Existing portfolios: M.Sc and is a Certified Associate of Indian Institute Digital Centre of of Bankers (CAIIB). Excellence & Management Information Systems Department Change in functional He has joined the Bank in allocation March 1990 and has more than 36 years of experience New portfolios in Banking Industry. He has allocated: Date of completed M. Com, M.B.A, Mr. Velayutham K, reporting, CAIIB, CERT. SME-FB, Agriculture and General Manager i.e. Certified Credit Rural Banking 06.07.2026 Professional, Certificate in Department, SLBC Trade Finance, Customized and RRB Certification Program on Existing assignment: Compliance in Banks, and PGD-Banking GM- Regional Office, Coimbatore Change in functional assignment He has joined the Bank in April 1999 and has more New portfolios than 27 years of experience allocated: Date of in Banking Industry. He has Mr. Harjit Singh, Agriculture and reporting, completed M.A, CAIIB, 4 Deputy General Rural Banking i.e. Customized Certification Manager Department, SLBC 06.07.2026 Program on Compliance in and RRB Banks, Cert in Forex, and Certified Credit Officer Existing portfolios: Course Chief Regional Manager, Regional Office Vijayawada He has joined the Bank in Change in November 2006 and has functional more than 19 years of assignment experience in Banking New assignment: Industry. He has completed Mr. Rakesh M.B.A, B.E.S., CAIIB, Head of 5 Sasikumar, Deputy 01.07.2026 Certificate Course on Department, Jewel General Manager MSME, Certified Credit Loan Cell Professional, Certificate in Earlier designation: FOREX, Credit Skills for Bankers-Retail Lending, DGM, Jewel Loan Credit Skills for Bankers-SME Cell Credit Change in He has joined the Bank in functional January 2005 and has more Mr. Vilender Kumar, assignment than 21 years of experience 6 01.07.2026 Deputy General in Banking Industry. He has New assignment: Manager completed B.Sc, CAIIB, and Head of numerous certifications Department - All including Certificate Course Government on MSME, Customized Lending Schemes Certification Program on relating to Retail, Compliance in Banks, Agri & MSME Certificate Exam in IT Departments & Security, Certificate in Forex Financial Inclusion Earlier assignment: DGM - MSME Department Disclosure of relationship between Directors: Not Applicable. This is for your information and appropriate dissemination. Yours faithfully, Raghuram Mallela Deputy General Manager/ Company Secretary & Compliance Officer