Suresh Kishinchand Khatanhar Takes Charge As IDBI Bank’s Deputy MD
People stand outside a branch of IDBI Bank Ltd. in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)

Suresh Kishinchand Khatanhar Takes Charge As IDBI Bank’s Deputy MD

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LIC-controlled IDBI Bank Ltd. on Wednesday said Suresh Kishinchand Khatanhar has taken charge as its deputy managing director.

"The board of directors, at its meeting held Jan. 15, 2020, has approved appointment of Suresh Kishinchand Khatanhar as Deputy Managing Director on the board of IDBI Bank for a period of three years with effect from the date of his taking charge, as per the RBI approval received in this regard," IDBI Bank said in a filing to the BSE.

Khatanhar took charge as Deputy MD on Wednesday, the filing said, adding that he “is not related to any other director on the board or key management personnel of IDBI Bank.”

He is presently working with IDBI Bank as executive director heading Mid Corporate Group and Trade Finance.

Khatanhar has exposure in retail banking business, priority sector lending, corporate banking (mid corporate and large corporate), service oriented functions such as trade finance and cross selling of various treasury products.

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