Partha Pratim Sengupta appointed MD & CEO of Indian Overseas Bank - Startup Terminal

Saturday, July 25, 2020

Partha Pratim Sengupta appointed MD & CEO of Indian Overseas Bank


Mumbai, India, July 25, 2020 - Partha Pratim Sengupta has been appointed as the new Managing Director and Chief Executive officer of Indian Overseas Bank. In his last role, he was deputy managing director and chief credit officer at State Bank of India, as managing director and chief executive officer (CEO).
Partha Pratim Sengupta appointed MD & CEO of Indian Overseas Bank
Sengupta is a career banker who brings in with more than three decades of experience in State Bank of India under his belt. The appointment of Sengupta will be till the date of attaining superannuation, which is December 31, 2022, or until further orders, whichever is earlier.

He joined SBI as a probationary officer in February 1987. Before assuming the role of deputy managing director and chief credit officer in September 2018, he was the chief general manager of SBI's Kolkata Circle. Prior to that, he was general manager at SBI's mid-corporate regional office in Pune.

During his more than 30 years of experience with State Bank of India, Partha Pratim Sengupta served in various capacities across different geographies. He has given his resignation from the position of non-executive director at Yes Bank. Under a government-approved reconstruction scheme, Yes Bank had received equity of Rs 10,000 crore from State Bank of India and other domestic financial institutions. State Bank of India now holds a 48.2 percent stake in the private sector lender.