IDBI Bank Limited announced that the Board of Directors on May 22, 2023 has approved the appointment of Shri Jayakumar S. Pillai as Deputy Managing Director on the Board of IDBI Bank for a period of 3 years with effect from the date of his taking charge as specified in the RBI approval received in this regard. The Brief Profile of Shri Jayakumar S. Pillai is as under: Shri Jayakumar S. Pillai has 32 years and 7 months of experience in Canara Bank. He has headed branches in various scales across different geographies and has rich experience in branch banking, mobilization of retail resources, Credit delivery in sectors like Retail, Agriculture, MSME and Recovery.

He has also worked as Chief Executive of Canara Bank's UK operations for over 4 years and gained experience in International banking. Further, also worked as Wing Head in Bank's mid corporate credit department in HO. Worked as Chairman of Bank's Credit Committee at HO as well as Chairman of General Manager's Credit approval committee-thus gained experience in RAM sectors, Corporate Credit, handling of stressed assets.

He is presently working as Chief General Manager and Circle Head in Canara Bank, Mumbai.