Mahesh Kumar Bajaj assumes charge as ED of Indian Bank


Mahesh Kumar Bajaj, assumed charge as Executive Director of Indian Bank from today. Before his elevation, Bajaj served as General Manager, heading the Transformation Management Office, Business Process Reengineering, Digitisation, Analytics Center of Excellence (ACOE), Marketing and Corporate Communication Departments of Indian Bank and was instrumental in successful amalgamation of Allahabad Bank into Indian Bank. Presently, he is on the Board and various committees of the Board of Universal Sompo General Insurance Company Limited as a Non-Executive Director.

Bajaj has a rich banking experience of over 29 years, with stints in India and as Chief Executive officer of Indian Bank Singapore. During his tenure, he has worked in all key banking functions in various capacities viz., Corporate, Transaction, Retail, Rural, Treasury & FX, NPA Management, Human Resources & Internal Audit. He led the International Division, Integrated Treasury and headed Large Credit Branches of the Bank as well.

Bajaj is a Postgraduate (M.Sc.) in Applied Mathematics, from Kurukshetra University and a Certified member of Indian Institute of Bankers.