The government on Tuesday transferred executive directors (EDs) of two public sector banks -- Bank of Baroda and Indian Overseas Bank.
In a surprise move, the government shifted the incumbent BoB ED Joydeep Dutta Roy to Chennai-based IOB at the same position.
This will be effective from his taking over the charge for the remainder of his term --up to Oct. 20, 2024, or until further orders, whichever is earlier, a government order said.
Meanwhile, IOB ED Sanjay Vinayak Mudaliar was shifted to BoB for the remainder of his term up to Dec. 31, 2025.
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