By Sachin Murdeshwar

Mumbai: Shri Rakesh Sharma took charge as Managing Director & Chief Executive Officer of IDBI Bank Ltd. on October 10, 2018. The Government of India on October 05, 2018 appointed him as Managing Director & Chief Executive Officer of IDBI Bank Ltd. for a period of six months with effect from the date of assumption of office or until further orders, whichever is earlier.

The brief profile of Shri Rakesh Sharma is as under:

Shri Sharma retired from Canara Bank as MD & CEO after serving for a period of 3 years from September 11, 2015 till July 31, 2018. While in Canara Bank he also held the position of Chairman in the group companies of Canara Bank.

Prior to his appointment at Canara Bank, Shri Sharma was in Lakshmi Vilas Bank Ltd. as MD & CEO and served there for a period from April 07, 2014 till September 09, 2015.

Shri Sharma, held the position of Chief General Manager in SBI before moving to Lakshmi Vilas Bank Ltd in April, 2014. He had more than 33 years experience  in SBI, holding key positions, which included Head of mid corporate accounts in Andhra Pradesh region, supervising retail operations in the States of Rajasthan, Uttarakhand & Western UP, banking operations in International Banking Group, credit assignments in specialized branches/ administrative offices, etc.