Indian Bank appoints Pradeep Kumar Malhotra as Shareholder Director

New Delhi: Shri Pradeep Kumar Malhotra has assumed the office of Shareholder Director of the Bank on date i.e. 09th March 2024 and shall hold office for three years from 09.03.2024 to 08.03.2027.

Further, it is informed that Shri Pradeep Kumar Malhotra is not related to other Directors of the Bank. Shri Pradeep Kumar Malhotra, Managing Director & CEO of IDBI Trusteeship Services Limited, deputed by LIC of India.

He has rich experience over three decades in various capacities including in Individual & Corporate Marketing, LIC Housing Finance Limited, Legal & Corporate Strategy, and Investment functions of Life Insurance Corporation of India.

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He has more than 12 years of experience in managing diverse Investment Functions such as Debt, Equity, Treasury, and ULIP Fund Management. He has also represented LIC of India, his parent company on the Advisory Board/Investment Committee of many Venture Funds. He was the secretary in the high-powered Investment Committee of LIC of India.

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He has also worked as Chief (Legal) in the Corporate office of LIC of India overlooking various legal functions of the financial behemoth. He is a qualified Engineer, graduated from Delhi College of Engineering besides being a Fellow of the Insurance Institute of India.

He has reached the highest level in NSE Certification of Financial Market (NCFM) and is also a qualified Company Secretary (Executive level). He has attended different Leadership programs from ISB, IIM Ahmedabad, and other Premium Institutions

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