Indian Bank has announced a focused internal reshuffle of its senior-management cadre, effective 16 April 2026, with two General Managers taking on new functional heads within the Corporate Office. Aruna M will move to General Manager, CO: KYC, while Vineet Bajpai will assume General Manager, CO: IBD. The changes are presented as internal assignments aimed at strengthening key areas of the bank’s operations.
Aruna M, a science graduate (B.Sc.) and CAIIB, brings more than 38 years of banking experience to her new role overseeing KYC. Previously a General Manager at the Corporate Office, her transition to the KYC mandate underscores the bank’s continued emphasis on customer due diligence and risk controls as core pillars of its operating framework.
Vineet Bajpai holds an M.Sc. with a diploma in Treasury Investment and Risk Management and is CAIIB-certified. With over 33 years in banking, he moves from General Manager, Corporate Office to head the IBD function within the Corporate Office, signaling Indian Bank’s focus on strengthening investment banking and related treasury capabilities.
These internal moves reflect Indian Bank’s strategy to leverage seasoned executives from within the organization to drive critical areas such as customer risk management and treasury-led business growth. By aligning experienced leaders to KYC and IBD, the bank appears intent on reinforcing its core risk management framework while expanding its product and service capabilities for customers.