Former Dena Bank MD & CEO Karnam Sekar is set to take over as the new Managing Director and CEO of Indian Overseas Bank from July 1, 2019. He will take over from R Subramaniakumar.
Earlier Sekar was the MD & CEO of Dena Bank till September 2018. He was also the Deputy Managing Director and Chief Credit Officer in State Bank of India heading its highest Credit Committee.
Source: Economic Times
Static/Current Takeaways Important for LIC AAO Exam:
- IOB Headquarters: Chennai.