Indian Overseas Bank executive director's term extended three years

Indian Overseas Bank (IOB) announced the extension of Joydeep Dutta Roy's term as executive director. The central government, through a notification dated September 15, 2025, extended his tenure for three years beyond October 20, 2025, or until further orders, whichever is earlier. Roy, born on July 1, 1972, will continue in his role, providing stability to the bank's executive leadership.

This decision was made in accordance with sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and paragraph 8(1) of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, as amended. The announcement was made to the BSE Limited and the National Stock Exchange Ltd on September 16, 2025.

The bank confirmed that this information is being provided pursuant to Regulation 30 of SEBI (LODR). Ram Mohan K, compliance officer, digitally signed the communication.