Bank of India has a new Chairperson and Managing Director in Vijayalakshmi R. Iyer. She assumed charge of this post on Monday soon after the Finance Ministry issued a notification on her appointment.
Prior to this appointment, Vijayalakshmi Iyer was an Executive Director at Central Bank of India. She had served as an Executive Director at Central Bank of India since September 1, 2009. She has over thirty years of experience in the banking industry. Iyer began her banking career with Union Bank of India in 1975.
The Centre has also appointed Malay Mukherjee as an Executive Director at Central Bank of India. Prior to this appointment, Malay Mukherjee was a General Manager at Indian Bank.