TestCloud
Prep • Practice • Perform
Log In

Rajesh Kumar Appointed as Managing Director and CEO of Indian Overseas Bank.

Appointments | Dated: 05 May 2026

The Appointments Committee of the Cabinet officially approved the highly prestigious appointment of seasoned banking executive Rajesh Kumar as the new Managing Director and CEO of Indian Overseas Bank. He assumes complete charge to guide digital restructuring.

🎯 Key Highlights:

  • He officially succeeds Ajay Kumar Srivastava after the successful completion of his term.
  • He formerly served brilliantly as an Executive Director at Bank of Baroda.
  • The appointment strictly applies for a standard operational period of three years.

💡 Other Important Facts:

  • Appointee: Rajesh Kumar.
  • Role: MD & CEO.
  • Bank: IOB.

📚 Test Your Knowledge:

Who has been recently appointed by the government as the entirely new Managing Director and CEO of Indian Overseas Bank?

Correct Answer: Rajesh Kumar

🚀 Quick Recap:

About Indian Overseas Bank

  • Founded - 10 February 1937
  • Headquarters - Chennai, Tamil Nadu