Shri. R. Subramaniakumar

Biography

Shri. R. Subramaniakumar has assumed office as MD & CEO of Indian Overseas Bank on 05.05.2017, upon elevation from the post of Executive Director. Prior to joining IOB, Shri. R. Subramaniakumar was Executive Director of Indian Bank since 22nd January 2016. As Executive Director of Indian Bank, he was instrumental in bringing the business transformation with introduction of Retail, MSME & other business verticals. He spearheaded Digital Banking transformation with new products & services. Earlier, Shri. R. S. Kumar joined Punjab National Bank and served for more than three decades. During his stint in Punjab National Bank, he lead the core banking implementation and technology initiatives of the Bank, along with BPR exercise, and lead the “Pragati” – transformation exercise across HR, Alternate Channel, Technology, Retail, MSME, New Business Initiatives , etc. He was on the Board of “Druk PNB”, Bhutan. He has experience across various business verticals and also served as Zonal Head during his tenure at PNB and introduced many innovative banking solutions across the verticals. His innovative RRB CBS model was adopted by many other banks. He also championed the FI model. As part of customer service enhancement exercise, he established the contact centre practice in PNB apart from introducing many Customer Service enhancing initiatives including "Customer First" concept. Being a techno Banker, he contributed in various IBA & IDRBT committees on technology & FI and was core member of the Smart Card and Micro ATM Standards Committee. He was a guest faculty at IDRBT, Hyderabad and RBI Staff Training College, Chennai. He has worked in various positions and geographies during his career spanning 35 years in the industry.

Research Interest

Business Banking Accounting