Ajay Kumar Srivastava appointed as new MD and CEO of Indian Overseas Bank

Ajay Kumar Srivastava appointed as new MD and CEO of Indian Overseas Bank: Ajay Kumar Srivastava has been appointed as MD and CEO of Indian Overseas Bank (IOB) with effect from January 1, 2023.

He started his banking career as a probationary officer in 1991 with Allahabad Bank where he worked in various capacities in different parts of the country. He is an astute and hardcore banker with Vast field-level experience and has the distinction of having successfully led the largest and most critical areas of Uttar Pradesh, Gujarat, and Delhi while working at a senior level in Allahabad Bank.

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Presently, he is serving as the executive director of IOB. After the successful completion of about 27 years in Allahabad Bank he was elevated as Executive Director of IOB in October 2017. He was appointed as Director on the Board of India Infrastructure Finance Company.