K P Kharat took over as MD & ECO, IDBI

K P Kharat, ED Union Bank of India

As ‘Indianmandarins’ had anticipated in its report dated August 05 Kishore Piraji Kharat has been appointed as new MD & CEO of IDBI. He took the charge yesterday (Aug. 17, 2015). The post of IDBI Chief had been vacant after M S Raghawan retired on June 30 this year. Kharat previously served as Executive Director, Union Bank of India.