Current Affairs

Karnam Sekar Appointed as the New MD and CEO of IOB

Karnam Sekar, Dena Bank's former Managing Director, appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Indian Overseas Bank.
Karnam Sekar Appointed as the New MD and CEO of IOB

Details:

  • Karnam Sekar would take up the position from July 1, 2019.
  • He has been working as an officer on special duty and Whole Time Director in IOB (Indian Overseas Bank) from April 1 till the time of taking over charge from R Subramaniakumar who was the erstwhile CEO and MD.
  • R Subramaniakumar had initiated measures to uplift IOB from loses due to high Non-Performing Assets.

Question:

Q. Who has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Indian Overseas Bank?
a. Satnam Sekar
b. Harnam Sekar
c. Karnam Sekar
d. Gurnam Sekar
Karnam Sekar Appointed as the New MD and CEO of IOB Karnam Sekar Appointed as the New MD and CEO of IOB Reviewed by Neha on April 27, 2019 Rating: 5

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