Rakesh Sharma has been reappointed as the managing director and chief executive officer (MD&CEO) of the IDBI bank for a period of three years, effective March 19, 2022. IDBI Bank on Thursday informed the stock exchanges that its board has approved the reappointment of Sharma.
Sharma is a seasoned banker with a total stint of over 33 years in the State Bank of India (SBI) across various positions.
He then moved to Lakshmi Vilas Bank Ltd. as MD & CEO and served there for a period of 18 months.
He retired from Canara Bank as MD & CEO after serving for a period of 3 years, in July 2018.
He has expertise in Accountancy, Agriculture & Rural Economy, Banking, Economics, Small Scale Industry, HR, and Business Management.