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Idbi Bank informs about change in board of directors

28 Jan 2025 Evaluate
Idbi Bank has informed that the Board of the Bank has approved the appointment of Sat Pal Bhanoo, Managing Director of LIC as LIC Nominee Director on the Board of the bank with effective from February 10, 2025 for a period of three years, in place of Mukesh Kumar Gupta as per the nomination letter received from LIC in this regard. Accordingly, Mukesh Kumar Gupta would cease to be the LIC Nominee Director on the Board of the Bank on completeion of his three years term on February 09, 2025. The Brief Profile of Sat Pal Bhanoo is annexed. Sat Pal Bhanoo is not related to any other Director on the Board and KMP of the Bank.

The above information is a part of company’s filings submitted to BSE.

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