The Board of Directors of Indian Overseas Bank (IOB) has approved the appointment of Mr. Raghuram Mallela as the new Company Secretary and Compliance Officer, effective from February 27, 2026. Mr. Mallela is a qualified Company Secretary with over 12 years of banking industry experience. Two existing ACS members have been designated as Deputy Company Secretaries to handle duties in his absence.
Outcome of Board Meeting: Key Personnel Change
The Board of Directors of the Bank held a meeting on February 27, 2026, concluding at 17:15 p.m. During this session, the Board formally accorded its approval for the appointment of Mr. Raghuram Mallela to the position of Company Secretary & Compliance Officer.
The effective date for this new appointment is stated as w.e.f. 27.02.2026.
Profile of the New Company Secretary
Mr. Raghuram Mallela is identified as a qualified Company Secretary, holding an Associate Membership with the Institute of Company Secretaries of India (Membership No. A31442). He also possesses the qualification of Certified Associate of the Indian Institute of Banking (CAIIB).
His professional background includes over 12 years of experience within the banking sector. Notably, prior to joining Indian Overseas Bank, Mr. Mallela was employed with Union Bank of India, having served as the Company Secretary for the erstwhile Andhra Bank before its amalgamation.
Designation of Deputy Officers
To ensure continuity, the following personnel have been designated as Deputy Company Secretaries, authorized to execute necessary filings and disclosures in the absence of Mr. Mallela:
- Mr. Ram Mohan. K (ACS 70766)
- Mr. Vishal Bhatnagar (ACS 72629)
Both individuals are severally authorized to execute/sign required papers and intimations under relevant regulations.
Source: BSE