Chennai: Karnam Sekar has taken over the charge of managing director and chief executive officer at Indian Overseas Bank.
He was appointed as an officer on special duty and whole time director in the bank from 1 April till the time of taking over charge as MD and CEO on 1 July.
Prior to his joining as officer on special duty, he was MD and CEO at Dena Bank and prior to that, he was deputy managing director and chief credit officer in State Bank of India, heading its Highest Credit Committee. Sekar joined State Bank of India as Probationary officer in 1983, said a release from the bank.
His experience in SBI has been in credit and branch operations and he worked in various geographies including the north eastern part of the country. His earlier assignments include, the branch manager of the Corporate Accounts Group Branch, Mumbai and manager (Treasury) at SBI Johannesburg, South Africa, the release added.
