Indian Bank has announced that the Central Government after consultation with the Reserve Bank of India, vide notification dated 27 December 2011 has appointed B Raj Kumar, General Manager, Andhra Bank as executive director of Indian Bank with effect from the date of his taking charge of the post on or after 01 January 2012 till 31 May 2015 i.e. the date of his superannuation or until further orders, whichever is earlier. B Raj Kumar took charge as executive director of the bank on 01 January 2012.
Further, V RamaGopal, executive director of the bank has retired from the services of the bank on superannuation on 31 December 2011.