IOB announces senior management changes with GM superannuation and new HR appointment
Indian Overseas Bank has announced senior management changes with the superannuation of General Manager Shri Dillip Kumar Barik effective 30.04.2026 and the appointment of Shri Venkata Dayalprasad Goli as General Manager for Human Resources Management Department from 01.05.2026. The bank submitted this information to BSE and NSE in compliance with Regulation 30 & 51 of SEBI (LODR) Regulations, 2015.

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Indian Overseas Bank has announced key changes in its senior management structure, involving the superannuation of a General Manager and the appointment of a new General Manager for its Human Resources Management Department. The bank has communicated these changes to both BSE and NSE in compliance with regulatory requirements.
Management Transition Details
The bank has announced that Shri Dillip Kumar Barik, General Manager, superannuated from the service of the bank at the close of business hours on 30.04.2026. This marks the end of his tenure with the organization.
| Position Details | Information |
|---|---|
| Outgoing General Manager | Shri Dillip Kumar Barik |
| Superannuation Date | 30.04.2026 |
| Effective Time | Close of business hours |
New Appointment
Simultaneously, the bank has appointed Shri Venkata Dayalprasad Goli as General Manager for the Human Resources Management Department. His appointment takes effect from 01.05.2026, ensuring continuity in the bank's senior management structure.
| Appointment Details | Information |
|---|---|
| New General Manager | Shri Venkata Dayalprasad Goli |
| Department | Human Resources Management |
| Effective Date | 01.05.2026 |
| Prior Disclosure | Ref. No. IRC/2/2026-27 dated 01.04.2026 |
Regulatory Compliance
The bank has submitted this information to stock exchanges in compliance with Regulation 30 & 51 of SEBI (LODR) Regulations, 2015. The announcement was made through reference number IRC/33/2026-27 dated 30.04.2026, signed by Raghuram Mallela, Deputy General Manager/Company Secretary & Compliance Officer.
The profile of Shri Venkata Dayalprasad Goli was previously disclosed through an earlier announcement referenced as IRC/2/2026-27 dated 01.04.2026, indicating prior planning for this management transition.
Stock Exchange Reference
| Exchange | Scrip Code |
|---|---|
| BSE | 532388 |
| NSE | IOB |
Historical Stock Returns for Indian Overseas Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.48% | -1.10% | +8.70% | -13.56% | -8.71% | +120.82% |
What strategic HR initiatives might the new General Manager implement to address Indian Overseas Bank's workforce challenges in the evolving banking sector?
How could this leadership transition in HR management impact the bank's digital transformation and employee skill development programs?
Will this management change signal broader organizational restructuring at Indian Overseas Bank in the coming quarters?


































