10 Mar 2022 , 09:10 AM
In its filing with the exchanges, Indian Bank Ltd. informed the investors and exchanges that the company has appointed Dr. Aditya Gaiha as RBI Nominee Director on the Board of Directors of the Bank in place of Shri S K Panigrahy with immediate effect and until further orders.
Presently he is the head of the Department of External Investments and Operations (DEIO) in the Central office of the RBI, Mumbai.
Dr. Aditya Gaiha has completed his Electrical and Electronics Engineering and graduation from BITS Pilani. He also holds degrees in Law (LLB from Osmania University, Hyderabad) and Finance [M.Sc. (Investment Management) from Cass Business School, London]. He has completed his Ph.D. in Economics from IIT Bombay and is a Certified Associate of the IIB&F.
Aditya is associated with the Reserve Bank of India since 1996 and has over 25 years of work experience in the areas of Payment Systems and Information Technology, Public Debt, Banking, and Non-Banking Supervision, Exchange Controls, and Reserve Management.
At around 9.18 am, Indian Bank was trading at Rs149.85 per piece up by Rs3.85 or 2.64% from its previous closing of Rs146 per piece on the BSE.
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