Shanti Lal Jain has been appointed as the CEO and MD of Indian Bank for three years. It comes into effect on the date of supposition of office on or after September 1, 2021.Shanti Lal Jain has been named as the Chief Executive Officer and Managing Director of Indian Bank for a long time, and a Personnel Ministry request on Thursday said. Shanti Lal Jain is designated as the Executive Director (ED), Bank of Baroda at present.