New Delhi: Ashutosh Choudhury has assumed charge as Executive Director (ED) of Indian Bank with effect from May 3. Prior to joining of Indian Bank, he was serving as Chief General Manager & Group CRO of Punjab National Bank (PNB). He has been appointed to the post for a period of three years with effect from the date of assumption of office, or until further orders, whichever is earlier. This information has been shared by the Bank in a regulatory filing to the stock exchanges.
Choudhury is an MBA professional and is also a Certified Associate of the Indian Institute of Bankers. He has rich banking experience of more than two decades. He has also completed the Executive Leadership Development Programme of IIM Bangalore.
Choudhury rose through ranks serving various offices of four public sector banks viz. Punjab National Bank, e-Oriental Bank of Commerce, e-United Bank of India and e-Allahabad Bank. His work experience includes working in Enterprise Risk Management, Strategic Planning, MSME & Retail Credit, Profit Centric Operations, Fintech & Digital Banking, Treasury, Corporate Credit, Micro Finance & Financial Inclusion, Balance Sheet Management.
He has also served as Director in the Board of PNB Gilts, a subsidiary of PNB, functioning as Primary Dealer (PD) in Indian capital & debt market.