Three senior executives to leave IDBI Bank in September

Bank has reshuffled portfolios of executive directors to ensure smooth working of institution.

IDBI Bank, the private sector lender, will see churn at the top with three senior executives leaving the organisation on conclusion of their term and retirement.

One deputy managing director (DMD) G M Yadwadkar and two executive directors (EDs) — Subrato Gupta and G A Tadas — will leave the bank which is now owned by Life Insurance Corporation of India. Yadwadkar will hang his boots at the end of his three-year term on September 13, 2019.

K P Nair, another DMD, demitted office on end of his three-year term in May 2019. Both the DMD posts were advertised but