Smt. V. R. Iyer took over as Chairperson & Managing Director of the Bank w.e.f. 5th November, 2012. Prior to this assignment, Smt. Iyer was Executive Director of Central Bank of India from September 01, 2010 till she joined Bank of India.
Smt. Iyer (DOB 01.06.1955), post-graduate in Commerce with CAIIB, started her career in Union Bank of India in 1975. Smt. Iyer, in her career span of 33 years, had good stint in branch banking having worked in very large and extra large branches. She has extensive exposure in Credit Department, Credit Monitoring Department and contributed significantly in setting up of Risk Management Department, rolling out CBS, alternate channels and various other e-initiatives.
Smt. Iyer served as Deputy General Manager (Information Technology) during 2006-07 before getting elevated as General Manager in January 2008 and was holding the portfolios of Information Technology and Risk Management.
Smt. Iyer was elevated as Executive Director of Central Bank of India with effect from 01 September, 2010 where she looked after Credit, Treasury, Forex, IT, CBS, Risk Management and Inspection & Audit portfolios.