Bank of India, a leading Public sector Bank today announced the appointment of Shri Subrat Kumar as its Executive Director.Shri Kumar, a qualified banker with a B.Sc., MBA, and CAIIB assumed charge on November 21, 2022. He has over 27 years of experience in Commercial Banks and Asset Management Companies.
During his long stint in the banking industry, he gained extensive experience in all facets of operational and strategic banking, with a focus on Treasury & Investment Banking, Risk Management, Credit Monitoring, and Corporate Banking.
He was successful in his roles as Regional Head, Patna, Head of Treasury Management, Audit & Inspection, Credit Monitoring, and Corporate Credit. He also served as the bank's Chief Risk Officer (eVB) and Chief Financial Officer (CFO).In addition, he served on the boards of Fixed Income Money Market and Derivatives Association of India (FIMMDA) and BoB Capital Markets Ltd.
About Bank of India
Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.In business volume, the Bank occupies a premier position among the nationalised banks.
The Bank has over 5000 branches in India spread over all states/ union territories including specialized branches.While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure.
Presently Bank has overseas presence in 18 foreign countries spread over 5 continents – with 45 offices including 4 Subsidiaries, 1 Representative Office and 1 Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Paris, New York and DIFC Dubai.