IDBI Bank has informed that Govt. of India, Ministry of Finance, Department of Financial Services has, vide their Notification dated June 27, 2016, appointed Ashok Pal Singh, Joint Secretary, Department of Investment and Public Asset Management, Ministry of Finance, Govt, of India as Government Nominee Director on the Board of IDBI Bank in terms of Article 116(l)(c) of the Articles of Association with effect from June 27, 2016 and until further orders. Ashok Pal Singh is not related to any other Director on the Board of the Bank.
The above information is a part of company’s filings submitted to BSE.
