Mumbai: Indian Overseas Bank (IOB) has informed the stock exchanges about the appointment of Mr. Raghuram Mallela as the Company Secretary & Compliance Officer, effective February 27, 2026. The decision was approved by the Bank’s Board of Directors at its meeting held on the same day.
The board meeting commenced at 12:00 Noon and concluded at 5:15 PM, according to the official disclosure.
Disclosure Under SEBI LODR Regulations
The appointment was intimated to:
- BSE Limited (Scrip Code: 532388)
- National Stock Exchange of India Limited (Scrip Code: IOB)
The disclosure was made pursuant to Regulation 6 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reinforcing the bank’s commitment to regulatory compliance and corporate governance standards.
- Nature of Change: Appointment
- Effective Date: February 27, 2026
- Resignation Details: Not Applicable
- Relationship with Directors: Not Applicable
Profile of Raghuram Mallela
Mr. Raghuram Mallela is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (Membership No. A31442). He holds a Bachelor of Commerce degree and is also a Certified Associate of the Indian Institute of Banking (CAIIB).
With over 12 years of experience in the banking sector, Mr. Mallela brings substantial expertise in compliance, governance, and regulatory affairs.
Professional Background
Before joining IOB, he was associated with Union Bank of India. He also served as the Company Secretary of the erstwhile Andhra Bank, prior to its amalgamation with Union Bank of India. His experience in handling corporate secretarial and compliance functions in large public sector banks is expected to further strengthen IOB’s governance framework.
Deputy Company Secretaries Designated
To ensure operational continuity, the Board has designated:
- Mr. Ram Mohan K (ACS 70766)
- Mr. Vishal Bhatnagar (ACS 72629)
as Deputy Company Secretaries. They are severally authorized to execute and sign necessary documents, disclosures, and regulatory filings under SEBI LODR Regulations in the absence of Mr. Mallela.
Strengthening Corporate Governance
The appointment of Mr. Mallela is expected to further enhance compliance oversight, corporate governance practices, and regulatory coordination at Indian Overseas Bank, aligning with SEBI norms and best practices in the banking sector.
About Indian Overseas Bank (IOB)
Established in 1937, Indian Overseas Bank (IOB) is a leading public sector bank in India, offering a wide range of banking and financial services across domestic and international markets. With a strong focus on digital banking, financial inclusion, and regulatory compliance, IOB continues to play a key role in India’s banking ecosystem.
