IDBI Bank has informed that the Board of Directors of the Bank has, at its meeting held on June 29, 2016 has approved the appointment of R. K. Bansal, Executive Director as CFO and Key Managerial Personnel of IDBI Bank with effect from July 01, 2016 in place of N. S. Venkatesh, Executive Director & CFO who demits office on June 30, 2016 (c.o.b). R. K. Bansal is a qualified Chartered Accountant and has approximately 32 years of experience in IDBI Bank in different grades.
The above information is a part of company’s filings submitted to BSE.