New Delhi, Jan 30 (PTI) The government on Tuesday transferred executive directors (EDs) of two public sector banks -- Bank of Baroda (BoB) and Indian Overseas Bank (IOB).

In a surprise move, the government shifted the incumbent BoB ED Joydeep Dutta Roy to Chennai-based IOB at the same position.

Also Read | Who Are Kataib Hezbollah? The Iran-Backed Militia Blamed for Killing Three US Soldiers in Jordan.

This will be effective from his taking over the charge for the remainder of his term --up to October 20, 2024, or until further orders, whichever is earlier, a government order said.

Meanwhile, IOB ED Sanjay Vinayak Mudaliar was shifted to BoB for the remainder of his term up to December 31, 2025.

Also Read | Indian Coast Guard Day 2024 Date, History and Significance: Know All About the 48th Raising Day of India’s Maritime Armed Force.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)