Kozhikode / Chennai, February 12, 2026: The Indian Institute of Management Kozhikode (IIMK) and Indian Overseas Bank (IOB) signed a Memorandum of Understanding (MoU) to collaborate on the design, delivery and certification of customized training programmes and workshops for IOB’s senior leadership and executives. The MoU was signed as part of the 90th Foundation Day celebrations of Indian Overseas Bank, marking a significant milestone in the Bank’s journey and its renewed focus on human capital development. In conjunction with the MoU, Indian Overseas Bank also announced the establishment of a dedicated Centre of Excellence (CoE) for training and capacity building.
Under the MoU, IIM Kozhikode, through its Kochi Campus (IIMK Kochi), and Indian Overseas Bank, through its Staff College and newly inaugurated Centre of Excellence (CoE), will jointly work on developing and delivering high-impact learning interventions. These programmes will be tailored for IOB’s top executives, senior management and selected officers, aligned closely with the Bank’s strategic priorities and long-term vision of becoming a leading institution anchored in sound and prudent banking principles.
The collaboration aims to support Indian Overseas Bank as it navigates a rapidly evolving economic and social environment, while pursuing sustainable value creation. Both institutions will jointly identify and develop programmes that address IOB’s strategic and training needs, leveraging IIM Kozhikode’s expertise across management domains.
Expressing his delight over the tie-up, Prof. Debashis Chatterjee, Director, IIM Kozhikode, said: “We are delighted to partner with Indian Overseas Bank on this important initiative, particularly on the occasion of its 90th Foundation Day. Through this collaboration, IIM Kozhikode will work closely with IOB to design context-specific, high-impact executive education programmes. Our shared objective is to strengthen leadership, strategic thinking and execution capabilities that are critical for IOB to operate in a dynamic economic and social landscape.”
Speaking on the occasion, Shri Ajay Kumar Srivastava, Managing Director and Chief Executive Officer, Indian Overseas Bank, said: “As Indian Overseas Bank commemorates its 90th Foundation Day, this partnership with IIM Kozhikode represents a forward-looking investment in our people and our future. The establishment of the Centre of Excellence and our collaboration with a premier institution like IIMK will help us build leadership capabilities, deepen functional expertise and prepare our executives to respond effectively to emerging opportunities and challenges in the banking sector. This initiative underscores our commitment to sustainable growth, prudent banking and continuous learning.”
As part of the partnership, IIMK Kochi Campus and IOB will co-create programmes aligned with the core focus areas of the IOB’s Staff training college and Centre of Excellence (CoE).
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