Overview
Indian Overseas Bank (IOB) is a prominent public sector bank headquartered in Chennai, India. This bank is known for its extensive range of banking and financial services. In 2026, IOB has announced a significant recruitment drive for the position of General Manager – Chief Financial Officer (CFO). This role is crucial as it involves overseeing the financial operations of the bank, ensuring compliance with regulations, and driving the financial strategy of the organization. The recruitment process aims to find qualified Chartered Accountants with substantial experience in banking finance.
The recruitment notification, identified as HRDD/RECT/01/2026-27, was released on 21st July 2026, inviting applications from eligible candidates. The position is open for a single vacancy in the Unreserved (General) category, making it a competitive opportunity for finance professionals looking to advance their careers in the banking sector.
Key Details
The details regarding the IOB General Manager Recruitment 2026 are outlined below:
| Particular | Details |
|---|---|
| Organization | Indian Overseas Bank (A Govt. of India Undertaking) |
| Post Name | General Manager – Chief Financial Officer |
| Total Vacancy | 1 (UR-Gen) |
| Qualification Required | Qualified Chartered Accountant (FRM Certification and/or CFA preferred) |
| Work Experience Required | Minimum 15 years in overseeing financial operations, with 10 years in Banks/FIs (5 years at Senior Management level) |
| Maximum Age | 55 years (inclusive of applicable age relaxation), as on 01.07.2026 |
| Mode of Application | Online only |
| Application Start Date | 22.07.2026 |
| Application Last Date | 05.08.2026 |
| Mode of Selection | Personal Interview/Discussion |
| Pay Scale | Rs. 1,56,500 – 4340/4 – 1,73,860 (Scale VII-GM Level) |
| Approximate CTC | Around Rs. 44 lakhs per annum |
| Place of Posting | Central Office, Chennai |
| Official Website | www.iob.bank.in |
Important Dates
It’s essential for candidates to keep track of the important dates associated with the IOB Chief Financial Officer recruitment:
| Event | Date |
|---|---|
| Notification Release Date | 21.07.2026 |
| Opening Date of Online Registration | 22.07.2026 |
| Closing Date of Online Registration | 05.08.2026 |
| Payment of Application Fee/Intimation Charges | 22.07.2026 to 05.08.2026 |
| Date for Determining Eligibility | 01.07.2026 (inclusive) |
| Personal Interview Date | Not specified; communicated to shortlisted candidates via email |
Selection Process
The selection process for the General Manager – CFO position at IOB involves a rigorous assessment to ensure only the most qualified candidates are chosen. The primary mode of selection is through a personal interview or discussion. The bank may also conduct preliminary screenings of applications to shortlist candidates based on their qualifications, suitability, and relevant experience.
It is important to note that the total marks allocated for the personal interview is 100, with a minimum qualifying mark set at 50 (45 for OBC/SC/ST/PwBD candidates). In cases where multiple candidates achieve the same cut-off marks, the ranking will be determined based on age, in descending order. The bank reserves the right to modify the selection process depending on the number of applications received.
Candidates are advised that merely meeting the minimum qualifications does not guarantee an interview call. The bank may consider additional qualifications, greater experience, and the level of responsibilities handled while shortlisting candidates.
Important Links
For candidates interested in applying, the following links are essential:
