Indian Overseas Bank (IOB) said the Government has appointed Srinivasan Sridhar as part-time non-official director as well as non-executive chairman of the public sector lender for a period of three years with effect from February 21.
Prior to this, Mr. Sridhar was on the board of Bank of Baroda as shareholder-1director from 2018 till his resignation on February 21, said the public sector lender in a regulatory filing.
Mr. Sridhar is a financial services expert with more than 30 years of experience gained internationally and in India. He was with the Citigroup for 28 years and had worked in six countries.