Categories: Appointments

Karnam Sekar retires as MD & CEO of IOB

The Managing Director (MD) and Chief Executive Officer(CEO) of Indian Overseas Bank (IOB), Karnam Sekar has retired on 30th June 2020. He joined the State Bank of India(SBI) as the Probationary officer in December 1983.

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Sekar joined IOB as an officer on special duty and a Director on 1st April 2019 after the merger of Dena Bank and Vijaya Bank into Bank of Baroda.  He was promoted as the MD and CEO succeeding Subramaniam Kumar on 1st July 2019.

Important takeaways for all competitive exams:

  • Indian Overseas Bank Headquarters: Chennai, Tamil Nadu.
  • Indian Overseas Bank Founded: 10 February 1937.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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