Rakesh Sharma Reappointed As MD & CEO Of IDBI Bank

The Board of Directors of IDBI Bank Limited approved the reappointment of Rakesh Sharma as Managing Director and Chief Executive Officer (MD & CEO) with effect from March 19, 2025.

Sharma is a banker with over 40 years of experience in various banking roles. He began his career at the State Bank of India (SBI), holding positions in credit assignments, specialised branches, and the Tokyo Branch. He also worked in SBI’s International Banking Group, managed retail operations in multiple states, and led the Mid Corporate Group in Undivided Andhra Pradesh. He served as Chief General Manager in the Patna Circle before moving to Lakshmi Vilas Bank Ltd. as MD & CEO. He joined Canara Bank as MD & CEO in 2015 and served until 2018. Sharma also holds leadership roles with the Entrepreneurship Development Institute of India (EDII), the Indian Bank’s Association (IBA), and IDBI subsidiaries.

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