Indian Overseas Bank approved General Manager Akshit Choudhary as its next chief financial officer, setting up a management change that will replace Deputy General Manager Madhaw Chandra Jha.
The board approved the appointment at a meeting Tuesday, Oct. 27, the bank said in an exchange filing. Choudhary will take over the role from Jha.
Mint reported, citing an Indian Overseas Bank profile, that Choudhary has more than 15 years of experience spanning banking, financial services, auditing, treasury and business operations.
An earlier bank filing said Jha’s appointment as CFO took effect March 1, 2025, after S P Mahesh Kumar’s superannuation on Feb. 28, 2025. Choudhary’s appointment takes effect Sunday, Nov. 1.
