Karnam Sekar retires as MD & CEO of Indian Overseas Bank
- Karnam Sekar, the managing director and chief executive of public sector lender Indian Overseas Bank (IOB) has retired on June 30, 2020.
- Karnam had joined the bank as an OSD (officer on special duty) and whole-time director on April 1, 2019 after merger of Dena Bank and Vijaya Bank into Bank of Baroda.
- He was elevated as MD and CEO on July 1, 2019 after the retirement of Subramaniam Kumar.
- Prior to working with IOB, Sekar was MD and CEO of Dena Bank since September 21, 2018.