IDBI Bank Promotes Murukesh Kumar E.P., Ranjan Kumar Rath, Manjunath Pai to Executive Director
IDBI Bank announced the promotion of Shri Murukesh Kumar E.P., Shri Ranjan Kumar Rath, and Shri Manjunath Pai to Executive Director. The promotions are effective April 13, 2026. Each individual brings over two decades of banking experience to their new roles.
Promotions within senior management are standard corporate actions and typically have a limited direct impact on the bank's financial performance or stock price.
The announcement pertains to routine senior management promotions within the bank and does not inherently contain positive or negative financial implications.
IDBI Bank Limited has announced the promotion of three senior management personnel to the position of Executive Director, effective April 13, 2026. Shri Murukesh Kumar E.P., Shri Ranjan Kumar Rath, and Shri Manjunath Pai have been elevated to these senior management roles.
Shri Murukesh Kumar E.P. brings over two decades of experience in IDBI Bank. He holds a B. Tech in Mechanical Engineering, an MBA in Operations Management, and is CAIIB certified. His experience includes handling departments such as DIFC-Dubai, Mid Corporate Group, and Large Corporate Group.
Shri Ranjan Kumar Rath also has two decades of experience at IDBI Bank. He holds an M.A. in Political Science, a P.G.D.B.A., and is CAIIB certified. He has worked in various departments including Retail Banking Group (Branch, Corporate Office and Liabilities & TPD), and Retail Regional & Zonal Offices.
Shri Manjunath Pai is a banker with over two decades of experience in IDBI Bank. He is a B.Sc graduate and holds certifications in NSDL Depository Operations Module, AMFI Mutual Fund (Advisors) Module, and IRDA. His experience spans departments such as Branch Operations Support, Policy Department, and Retail Banking Group (Branch, Regional Office & Zonal Office).
Shri Murukesh Kumar E.P. will superannuate on April 30, 2034. Shri Ranjan Kumar Rath will superannuate on April 30, 2036. Shri Manjunath Pai will superannuate on July 31, 2030. The bank has submitted these details as per SEBI's Master Circular dated January 30, 2026.
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IDBI Bank Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by IDBI Bank Limited. Read the original for the full detail.