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.
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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