IDBI Bank Approves Re-Appointment Of Rakesh Sharma As Managing Director And Chief Executive Officer

IDBI Bank on Thursday said its board has approved re-appointment of Rakesh Sharma as managing director and chief executive officer for three years. The board has approved his re-appointment for a period of three years with effect from March 19, 2025, as per RBI's approval received in this regard, IDBI Bank said in a regulatory filing.

He joined IDBI Bank as Director and Chief Executive Officer on Oct. 10, 2018.

Prior to this, he had a three-year stint as Director and Chief Executive Officer of Canara Bank till July 31, 2018.