R Koteeswaran has taken over as the Chairman and Managing Director of public sector Indian Overseas Bank (IOB).
Prior to this, Koteeswaran was serving as Executive Director of Bank of India, the Chennai-based IOB said in a statement today.
Koteeswaran began his career in 1976 in Bank of Baroda and later joined Bank of India as its Executive Director.
He replaces M Narendra who has superannuated.