New Delhi, March 12, 2021: Mrs. S. Srimathy has assumed charge as Executive Director of Indian Overseas Bank. Prior to this, she was serving as Chief General Manager at Canara Bank. She had been deputed to NABARD as Chief Vigilance Officer immediately before her appointment in Indian Overseas Bank.
Mrs. Srimathy joined Canara Bank as a Probationary Officer in November 1986. She has 34+ years of Banking experience across categories of branches from Rural to Metro, and is well exposed to various verticals like Branch Operations, Mid & Large Credits, Human Resources, Risk Management etc. She has worked across several locations in the country.
She headed Canara Bank’s Prime Corporate Branch at Cuffe Parade, Mumbai for over three years. She also headed the Corporate Credit Wing & International Operations at Canara Bank’s Head Office before becoming Head of Chennai Circle.
She was deputed to NABARD as Chief Vigilance Officer in July 2018. During this period, Mrs. Srimathy held additional charge as Chief Vigilance Officerat New India Assurance Company, State Bank of India and Bank of Baroda for varying periods.
Mrs. Srimathy holds a Post-Graduate degree in Commerce along with a Masters in Business Administration. She is also a Certified Associate of the Indian Institute of Banking & Finance (CAIIB).
About Indian Overseas Bank
Founded on February 10, 1937 by M. Ct. M. Chidambaram Chettyar with the twin objectives of specialising in foreign exchange business and overseas banking, Indian Overseas Bank (IOB) has ever since created various milestones in Indian Banking Sector.
IOB is today a leading public sector bank headquartered in Chennai (India). The bank has the distinction of simultaneously commencing operations in three branches at Karaikudi, Chennai and Yangon (Myanmar). Since the bank aimed to encourage overseas banking and foreign exchange operations, it soon opened its branches in Penang and Singapore. Today, Indian Overseas Bank covers a vast domain in the banking sector with over 3219 domestic branches, 3136 ATMs and 4 overseas branches.