Indian Overseas Bank observes Risk Awareness Day on 01st March 2024.

Indian Overseas Bank, a leading Public Sector Bank, observed Risk Awareness Day on 1st March 2024. The initiative, driven by the dynamic leadership of Shri Ajay Kumar Srivastava, MD & CEO, IOB, aimed at fortifying the institution’s commitment to robust Risk Management practices.

At 11:00 AM, the MD & CEO led the charge by administering the Risk Awareness Day pledge to all employees. He also unveiled the inaugural edition of “IOB RESILIENT,” a quarterly in-house magazine dedicated to simplifying risk concepts for the bank’s workforce.

The magazine, “IOB RESILIENT,” serves as a valuable resource with articles crafted to demystify various risk dimensions, aligning with the bank’s commitment to fostering a comprehensive understanding of risk culture.

Indian Overseas Bank also organized a series of events, including a Quiz Competition and a collective Pledge, reflecting the institution’s collective commitment to embracing a robust Risk Culture.