Mumbai, Oct 06: IDBI Bank's acting chief executive officer and country head of retail banking Ajay Bimbhet has resigned. Bimbhet had expressed his desire to resign from services of the bank and the same had been accepted by the board today, IDBI Bank informed the stock exchange, Mumbai.

He would continue as acting CEO during the notice period or till the time a new managing director & CEO is appointed, it added.

According to banking sources, Bimbhet is expected to take up an assignment with a Gulf-based bank.
In August, Gunit Chhadha, the then MD and CEO, had resigned to move to deutsche bank as country head.

IDBI, the parent of the banking entity, had set up a search panel to appoint a new MD and CEO following Chadha's resignation.
Bimbhet was handed over the acting charge in September.

Bureau Report