IOB General Manager CFO Recruitment 2026 — 1 Post, Apply by 05 Aug

Indian Overseas Bank (IOB), the Chennai-headquartered public sector bank under the Ministry of Finance, has invited online applications under Advertisement No. HRDD/RECT/01/2026-27 dated 21 July 2026 for one post of General Manager – Chief Financial Officer in the Unreserved category. This is a lateral senior management appointment rather than a mass recruitment: only qualified Chartered Accountants with at least 15 years of experience overseeing financial operations, including 10 years in Banks or Financial Institutions and 5 years at Senior Management level, are eligible. FRM certification and CFA are preferred qualifications. The IOB Chief Financial Officer will oversee statutory audit and SEBI-mandated reporting, monitor critical financial parameters such as Non-Interest Income, Return on Assets and Return on Equity, coordinate with NFRA and the Reserve Bank of India on auditor matters, handle the Whole Bank Long Form Audit Report, manage GST and TDS compliance and tax optimisation, maintain accounting systems in line with Accounting Standards and RBI guidelines including IFCOFR and IND AS implementation, and manage relationships with regulators, government, rating agencies and investors. Selection is through a Personal Interview or Discussion carrying 100 marks, with a qualifying score of 50 marks and 45 for OBC, SC, ST and PwBD candidates. The pay scale is ₹1,56,500 – 4340/4 – ₹1,73,860 at Scale VII with an approximate CTC of ₹44 lakh per annum, and the place of posting is IOB Central Office, Chennai. Online registration for IOB General Manager CFO Recruitment 2026 opened on 22 July 2026 and the last date to apply is 05 August 2026, with fee payment closing the same day. The fee is ₹1,000 for General, EWS and OBC candidates and ₹175 as intimation charges for SC, ST and PwBD candidates. Applications are accepted only online through the Careers page at iob.bank.in. The selected candidate must execute a bond of ₹3 lakh to serve the Bank for three years and will be on probation for one year.

Qualified Chartered Accountant. FRM Certification and/or CFA is preferred. Work experience: minimum 15 years in overseeing financial operations, preferably accounting and taxation, in Banks, large corporates, PSUs, Financial Institutions or financial services organisations, of which 10 years must be in Banks or Financial Institutions, of which 5 years must be at Senior Management level. All eligibility criteria are computed as on 01 July 2026 inclusive.

Maximum 55 years as on 01 July 2026, inclusive of applicable age relaxation.

• Qualified Chartered Accountant; FRM Certification and/or CFA preferred
• Minimum 15 years experience in overseeing financial operations in Banks, large corporates, PSUs, Financial Institutions or financial services organisations
• Of the above, 10 years must be in Banks or Financial Institutions, including 5 years at Senior Management level
• Maximum age 55 years as on 01 July 2026, inclusive of applicable relaxation
• All eligibility criteria are computed as on 01 July 2026 inclusive
• Candidate must be a Citizen of India, or a subject of Nepal or Bhutan, or a Tibetan refugee who came to India before 01 January 1962, or a person of Indian origin who migrated from specified countries with intent to permanently settle in India
• Candidates in categories other than Indian citizens must hold a certificate of eligibility issued by the Government of India before the date of this notification
• OBC candidates in the creamy layer must indicate their category as General in the online application
• Candidates serving in Government, Quasi-Government offices, PSUs, Nationalised Banks or Financial Institutions must produce a No Objection Certificate

• General / EWS / OBC: ₹1,000 inclusive of GST
• SC / ST / PwBD: ₹175 as intimation charges, inclusive of GST
• Fee is non-refundable and cannot be adjusted against any other recruitment process
• Payment Mode: Online only via Debit Card, Credit Card or Internet Banking

Pay Scale ₹1,56,500 – 4340/4 – ₹1,73,860 under Scale VII General Manager level. Approximate CTC around ₹44 lakh per annum. Plus Dearness Allowance, House Rent Allowance or lease rental, City Compensatory Allowance, medical and other allowances and perquisites applicable to Scale VII officers.

1. Confirm you meet the Chartered Accountant qualification, 15 years experience and 55 years age criteria as on 01 July 2026
2. Visit the official Indian Overseas Bank website at iob.bank.in and open the Careers page
3. Download and read the complete official notification PDF for Advt No. HRDD/RECT/01/2026-27 before applying
4. Click on RECRUITMENT OF CHIEF FINANCIAL OFFICER and select the post to be applied for
5. Click Register Online and complete first-time registration, noting the system-generated Registration Number and Password sent by email and SMS
6. Upload your photograph and signature as per the scanning and upload guidelines given in Annexure I of the advertisement
7. Fill in all required details carefully in the online application form
8. Upload the mandatory documents in PDF format, each under 200 KB — Birth or SSC Certificate as proof of date of birth, Final Degree Certificate or consolidated mark sheet, CA Certificate and Work Experience Certificate, plus employer NOC if applicable
9. Click COMPLETE REGISTRATION and pay the fee online — ₹1,000 for General, EWS and OBC or ₹175 for SC, ST and PwBD — on or before 05 August 2026
10. Take a printout of the system-generated submitted application and the payment e-receipt for future reference