Indian Overseas Bank announced the appointment of Vivek Aggarwal to its Board of Directors, with effect from February 25, 2022.
According to the bank’s exchange filing, “This is to inform that Government of India vide Notification F.No.6/3/2011-BO.1 dated 25.02.2022 has appointed Shri Vivek Aggarwal, as RBI Nominee Director in Indian Overseas Bank with immediate effect and until further orders.”
Indian Overseas Bank is a major Indian nationalised bank. It is under the ownership of Ministry of Finance, Government of India based in Tamil Nadu, India, with about 3,400 domestic branches, about 6 foreign branches and representative office. Indian Overseas Bank (IOB) was founded on 10th February 1937 by Shri. M.Ct.M. Chidambaram Chettyar, a pioneer in many fields.
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