IDBI Bank Limited has informed the Exchange about Re-appointment of Shri Jayaumar S. Pillai as DMD
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IDBI Bank's Board of Directors on May 19, 2026 approved the re-appointment of Shri Jayakumar S. Pillai as Deputy Managing Director for a period of one year effective June 12, 2026. The re-appointment has received RBI approval. Shri Pillai has over 33 years of commercial banking experience, previously serving as Chief General Manager at Canara Bank before joining IDBI Bank in June 2023. He currently leads the Bank's corporate business vertical and oversees several critical functions including Legal, HRD, IT & Digital Banking, Finance & Accounts, and Corporate Strategy. He is not related to any other Director or KMP of the Bank.
The re-appointment ensures continuity in senior leadership at IDBI Bank. No material impact on shareholders expected as this is a routine internal appointment renewal.