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Mr.S.A.BHAT
Chairman and Managing Director of IOB since 4th,June,2007.
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Shri S.A.Bhat took charge as Chairman and Managing Director of Indian Overseas Bank on 4th June 2007.
Shri S.A.Bhat joined Bank of India as a Probationary Officer in 1972 and was in this Bank till 1st February 2006. He took over as Executive Director of UCO Bank on 2nd February 2006 and held this position, till his present assignment at Indian Overseas Bank.
He has vast experience across the entire gamut of banking. He started as officer and Branch Manager of rural and semi urban branches. He was Chief Dealer at Mumbai Overseas Branch. He had a two-year stint at Bank of India’s London branch. He was with this Bank’s New York Office for four years as Vice President and Comptroller. He has headed the Bank’s Chennai Zone as Zonal Manager. As General Manager, International Banking, he was in charge of the entire International operations of Bank of India. Later as General Manager, Risk Management, he was responsible for the implementation of Risk Management techniques and Basel II norms.
He has made many contributions to the Banking Industry, as a member of several committees. He was on the Technical Advisory Committee, Steering Group for Basel II, Committee on Credit Advisory System for Exporters, and Working Group for Revision of ALM, all of which were constituted by Reserve Bank of India. He was also on the Indian Banks Association’s Committee for drawing Road Map for implementation of Basel II.
While at Bank of India, he was also nominee Director for STCI, IL&FS and Indo Zambia Bank.
With an overall exposure in Banking, his strengths lie in International Banking, Credit, Rural Finance and Risk Management.
email: iobcmd@vsnl.com
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Shri G.Narayanan
Executive Director of IOB
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He joined Bank of India in the year 1970. Before taking up the current assignment, he was the Managing Director & Chief Executive Officer of Securities Trading Corporation of India Limited, Mumbai, one of the largest Primary Dealers in the country with its objective to make the gilts market and the money markets liquid, vibrant and broad-based.
Large part of his career was in International Treasury and Foreign Exchange related areas. After having headed large branches in Bank of India for more than ten years, he moved over to it's Tokyo Branch on Overseas Assignment in the year 1985. For over four years, he was the Head of the Jersey Branch, Channel Islands, United Kingdom of the Bank till the year 2001. He was the Head of Integrated Treasury for the Bank from 2001 to 2005.
His tenure saw STCI to expand its base by including Added Investment Banking, Equity Broking and Distribution businesses to the bouquet of services offered by the Company. His excellent relationship with regulators and other market participants coupled with strong leadership qualities in building the teams had ensured continuous growth in all the businesses handled.
As Head of Integrated Treasury, Bank of India, he had initiated derivatives business, both interest and exchange rate products giving enhanced products and services and moved the entire treasury operations to a fully automated environment and thus ensured the bank to lead in Forex business in volumes and profitability amongst all nationalised banks.
He has been associated with Bankers' Training college of Reserve Bank of India and Bank of India Training College as a guest lecturer on Treasury related subjects. His strength is his ability to build top performing teams with his strong entrepreneurial qualities perfectly matching with a vast experience of over three decades in Core Banking, Forex and Treasury Operations. On top of all this, he is a professional Banker who is completely at ease with high stress and fast paced environments.
DIRECTORSHIP HELD:
Director on Board of Primary Dealers Association of India
Director on Board of FIMMDA
Director on Board of Clearing Corporation of India Ltd.
Director on Board of UTI Securities Ltd.
Director STCI Primary Dealer Ltd.
email: gnarayanan@iobnet.co.in
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Shri Y.L.Madan
Executive Director of IOB
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Shri Y.L. Madan took over as Executive Director of Indian Overseas Bank on 16th May 2008.
He has vast experience of 35 years in the Banking industry to his credit and has all round knowledge and expertise in practical banking. Prior to his joining Indian Overseas Bank, he has held the position of General Manager in Canara Bank at Delhi Circle Office and Chandigarh Circle Office. He also headed the Bank’s Patna Circle Office.
A Master’s Degree holder in Physics and an MBA (Finance) from Delhi University, he joined Canara Bank in the year 1973 as an Officer Trainee. Promoted as Manager Scale II in the year 1980, he became Executive Scale IV in the year 1993 and Scale VII (GM’s cadre) in the year 2003. He has had a successful and rewarding career with the Bank by getting all his elevations as and when due.
During most of his career, he has served in the field holding administrative positions and getting experience in HRM, Industrial Finance and Forex Trade. He served as faculty in Bank’s Staff Training Centre at Mumbai for a year.
He also has experience and exposure to Gulf Market and has worked as General Manager of Eastern Exchange and Finance Establishment, Doha, Qatar for 3 years, while on deputation to the above Company which was under the management control of Canara Bank.
He is a strong believer in teamwork and the importance of sound HR practices in general to achieve success, particularly in Banking.
Wherever he worked, he is remembered as a banker with gentle behaviour, practical approach, good HR and aggressive approach to capture business.
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