IDBI Bank Limited announced that Shri Ajay Ramesh Lande has been appointed as Head - IT (Senior Management Position) of the Bank, for a period of three years with effect from March 18, 2024. Shri Ajay Ramesh Lande is an Information Technology Profesional with over 21 years of experience in Banking Technology, leading a cross-functional technology team of 180 members (Staff+Outsourced). He has successfully executed large scale projects for Banking and Finance industry covering Core Banking, Credit Origination Systems, Risk Assessment Systems, SWIFT, Workflow Solutions, Mobile, Internet Banking, Blockchain AI, etc.

and is highly skilled in Production Optimization, building scalable, highly available and resilient systems for Enterprise Application Integration Platforms. Shri Lande has in-depth experience of Java technologies viz., Java /J2EE, JSP, Java Script & sound understanding of functional domains viz., Credit, Trade Finance, Supply Chain Finance, Forex, Remittances, etc. He was last serving as SVP IT (Corporate Banking & Treasury) at Axis Bank Ltd. (August 2002 untill March 2024) where he was responsible for implementing applications, ensuring maintenance, compliance with audit and application security vulnerabilities remediation. He has represented Axis Bank at the Consortium of Indian Banks which formed an independent think-tank for adoption and leverage blockchain potential in banking (IBBIC); conducted tech evaluation of blockchain solutions and similar blockchain networks in other geographies.