StockWatch
·
Public Sector Bank
Management Change13 Aug 2026, 03:30 pm

Indian Bank Appoints Shri Somesh Biswas as Part-time Non-Official Director

AI Summary

Indian Bank announced the appointment of Shri Somesh Biswas as a Part-time Non-Official Director on its Board. The appointment, made by the Central Government, is effective from August 12, 2026, for a term of three years or until further orders. Shri Biswas holds a Master of Arts and a Law degree, and brings 34 years of experience from the Life Insurance Corporation of India, where he worked as a programmer. He is not related to any existing directors and is not debarred from holding a directorship.

Key Highlights

  • Shri Somesh Biswas appointed as Part-time Non-Official Director.
  • Appointment is for a term of three years from August 12, 2026.
  • Director has 34 years of experience in the insurance sector.
  • Shri Biswas is not related to any existing directors.
  • Director is not debarred from holding a directorship.