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April 05, 2017

Meet the New MD of IDBI Bank - Mahesh Kumar Jain

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Indian Bank MD & CEO Mahesh Kumar Jain took charge as the new Managing Director & Chief Executive Officer of IDBI Bank with immediate effect. He will head IDBI Bank for the remaining period of his current tenure or until further orders, whichever is earlier, IDBI Bank announced.

Jain joined Indian Bank as an executive director in September 2013 where he handled several key portfolios. Prior to joining Indian Bank, Jain served as general manager with Syndicate Bank.

He began his banking career with Punjab National Bank. At present, he is a member of the NIBM governing board, PGDM executive council of NIBM, CII national committee on Banking 2016-17 and CII national council on financial sector development 2016-17.

Note : The present MD & CEO of IDBI Bank, Kishor Kharat has been appointed as MD & CEO of Indian Bank.

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