BoB, IOB ED Transfers: Key Executives Swapped - PTI

Jan 30, 2024 22:34

The Indian government has transferred the executive directors of Bank of Baroda (BoB) and Indian Overseas Bank (IOB) in a surprise move. Read more about the changes.

New Delhi, Jan 30 (PTI) The government on Tuesday transferred executive directors (EDs) of two public sector banks -- Bank of Baroda (BoB) and Indian Overseas Bank (IOB).

In a surprise move, the government shifted the incumbent BoB ED Joydeep Dutta Roy to Chennai-based IOB at the same position.

This will be effective from his taking over the charge for the remainder of his term --up to October 20, 2024, or until further orders, whichever is earlier, a government order said.

Meanwhile, IOB ED Sanjay Vinayak Mudaliar was shifted to BoB for the remainder of his term up to December 31, 2025.

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BoB, IOB ED Transfers: Key Executives Swapped - PTI

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