Shri Mahesh Kumar Jain, aged 54 years, assumed charge as the Managing Director & Chief Executive Officer of Indian Bank on 2nd November 2015. He was holding additional charge as MD & CEO from 10.06.2015. He joined Indian Bank as the Executive Director on 27.09.2013.
As the Executive Director of Indian Bank, important portfolios like Corporate & Retail Credit, SME Credit, Risk Management, Recovery & Legal, Accounts, Technology Management, Banking Operations Department, Business Process Re-engineering and Compliance Department were handled by him..
He holds M.Com., MBA, CAIIB, CFA and FRM to his academic credit. Prior to joining Indian Bank, he was the General Manager of Syndicate Bank and has worked in several parts of the country, handling important portfolios that include Credit, Operations, Investments, Risk Management, etc. He has vast experience and expertise in Risk Management. He started his career in Punjab National Bank.
He was a member of the Steering Committee on Risk Management of IBA and a Member of the IBA working group on Risk Management and implementation of Basel II and III. He was also the Secretary & Coordinator to Basant Seth Committee on Review & Revamp of Internal & Concurrent Audit System in PSBs.