Shri Binod Kumar has officially assumed the position of Managing Director and Chief Executive Officer of Indian Bank as of January 16, 2025. With a distinguished career spanning over 30 years in the banking sector, Shri Kumar brings a wealth of knowledge and experience to his new role.
Shri Binod Kumar Biography
Before his appointment at Indian Bank, Shri Kumar served as Executive Director at Punjab National Bank (PNB) from November 21, 2022, to January 15, 2025. At PNB, he oversaw key divisions such as:
- Corporate Banking
- Treasury Division
- International Banking Division
- Finance Division
- Data Analytics and Data Warehousing
Shri Kumar also played a pivotal role as Chief Executive Officer of PNB’s Dubai International Financial Centre (DIFC) branch and previously led the Corporate Credit Division as Chief General Manager.
Educational and Professional Credentials of Shri Binod Kumar
Shri Kumar is a science graduate from Ranchi University and holds a Post Graduate Diploma in Banking & Finance from the National Institute of Bank Management (NIBM). He is a Financial Risk Manager (FRM), certified by the Global Association of Risk Professionals (GARP, USA), and a Certified Associate of the Indian Institute of Bankers (CAIIB).
In addition to his banking qualifications, Shri Kumar has earned diplomas in:
- Treasury, Investment & Risk Management
- Banking & Finance (Indian Institute of Banking & Finance, IIBF)
He has also completed the Leadership Skills Development Program at IIM Bangalore, further enhancing his management expertise.
Career Highlights of Shri Binod Kumar
Shri Kumar began his journey in banking as a Management Trainee with Punjab National Bank in 1994. Over the years, he has accumulated extensive experience in branch and administrative operations, risk management, and corporate credit. His leadership and strategic insights have been instrumental in driving success in various key roles.
With his vast expertise and commitment to excellence, Shri Binod Kumar is well-positioned to lead Indian Bank towards a new chapter of growth and innovation.