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Government Appoints MD & CEO of Four Nationalised Banks

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..... Government Appoints MD & CEO of Four Nationalised Banks - News and Press Release Dated:- 31-12-2014 - News - Based on the recommendations of Appointments Board chaired by the Governor, the Reserve Bank of India (RBI), the Department of Financial Services (DFS), Ministry of Finance, Government of India announced the appointment of MD CEO of four Nationalised Banks. The appointments announced ar .....

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..... e as follows:- Sl.No. Name of the person present designation Name of the Bank where appointed and designation 1. Shri R. Koteeswaran, Executive Director, Bank of India Indian Overseas Bank - MD CEO 2. Shri Animesh Chauhan, Executive Director, Bank o .....

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..... f India Oriental Bank of Commerce MD CEO 3. Shri Kishore Kumar Sansi, Executive Director, Punjab Sind Bank Vijaya Bank MD CEO 4. Shri P. Srinivas, Executive Director, Bank of Baroda United Bank of India MD CEO The appointment of the above MD CEO .....

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..... s is for a period of three years or till the date of superannuation, whichever is earlier. In a significant departure from the past practice, the Government of India has decided to now separate the post of Chairman and MD CEO. Henceforward, in the new appointments of PSBs other than SBI, the Chairman will be a part time Board Member who would preside over the Board Meetings and will not .....

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..... be an Executive Chairman. The procedure for selection of part time Chairman would be announced shortly. The appointment in one more bank i.e. Syndicate bank is still under consideration of Government and it would be decided very shortly. For three `A Category Large Banks, i.e. Bank of Baroda, Punjab National Bank and Canara Bank, the Government has decided to go for a fresh selection proce .....

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..... dure with a view to widen the search of candidates. The procedure for this would be announced shortly. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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