Karnam Sekar has formally taken over MD & CEO of Indian Overseas Bank. He was appointed as an officer on special duty and wholetime director of the bank in April till the time of taking over charge as MD & CEO. Sekar was MD & CEO in Dena Bank and earlier deputy MD and chief credit officer in State Bank of India. He joined State Bank of India as a probationary officer in1983 and he has been handling credit & branch Operations, working in various geographies including the north-east. He has also worked in SBI Johannesburg, South Africa.
