IIM-K, IOB sign pact on customised training programmes for executives

Indian Institute of Management-Kozhikode (IIM-K) and Indian Overseas Bank (IOB) have signed a memorandum of understanding (MoU) to collaborate on the design, delivery and certification of customized training programs and workshops for IOB’s senior leaders and managers.

The MoU was signed as part of IOB’s 90th Foundation Day celebrations. Along with the MoU, IOB also announced the establishment of a dedicated center of excellence (CoE) for training and capacity building, a press release said.

Under the MoU, IIM-K, through its Kochi campus (IIMK-Kochi), and IOB, through its staff college and the newly launched CoE, will work jointly to develop and deliver high-impact learning interventions. These programs will be closely aligned with the bank’s strategic priorities and long-term vision for IOB’s chief executives, chief executives and elected officials to be a leading institution committed to sound and prudent banking principles.

The collaboration aims to support IOB as it navigates the rapidly evolving economic and social environment while continuing to create sustainable value. Both institutions will jointly identify and develop programs that meet the strategic and educational needs of IOB, leveraging IIM-K’s expertise in management areas.