Ajay Kumar Srivastava on Sunday assumed charge as MD and CEO of Indian Overseas Bank (IOB). The Government of India named the MD and CEO of Indian Overseas Bank for a period of three years with effect from date of assumption of office on or after January 1, 2023. Before being appointed as MD and CEO of IOB, he was working as Executive Director (ED) in the same bank.
Srivastava 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. After successful completion of about 27 years in Allahabad Bank, he was elevated as ED and he joined IOB in 2017.