Indian Bank appointed Shri Ashwani Kumar, Chief General Manager, Punjab National Bank as Executive Director for a period of three years with effect from the date of assumption of office, or until further orders, whichever is earlier. Accordingly, Shri Ashwani Kumar has assumed the office of Executive Director of the Bank on 21.10.2021. He has rich banking experience of more than two decades. Prior to joining as Executive Director of Indian Bank, he was serving as Chief General Manager of Mumbai Zone of Punjab National Bank. His work experience includes working in Wholesale Banking division and as Head of several Branches (including Industrial Finance Branches and LCBs). As General Manager, he was heading Mid Corporate and Large Corporate verticals and was also CFO.