MUMBAI: Indian Bank has appointed Binod Kumar as managing director & chief executive officer. With over 30 years of diverse banking experience, Kumar previously served as executive director at Punjab National Bank (PNB), where he oversaw key divisions including corporate banking and treasury.

Throughout his career at PNB, Kumar held several notable positions, including chief general manager of corporate credit and CEO of PNB operations at the Dubai International Financial Centre. He is recognised for driving innovation and enhancing customer experience in the banking sector.

An alumnus of NIBM, Kumar holds a post graduate diploma in banking & finance, as well as certifications in financial risk management & treasury investment. He is also a graduate of a leadership program at IIM Bangalore.

Under Kumar's leadership, Indian Bank aims to strengthen its market position, deepen customer relationships, and continue delivering exceptional financial services nationwide and at select international locations.