Making it loud and clear once again that Govt of India is committed to separate the positions of Chairman and MD&CEO in Public Sector Banks it has geared-up the appointment process of long pending vacant positions of MD&CEO with Public Sector Banks.
The Department of Financial Services has invited applications for five banks; Bank of Baroda, Bank of India, Canara Bank, IDBI Bank & Punjab National Bank. March 21 has been fixed as the last date for sending applications.
The position of MD&CEO is already vacant with three banks; Bank of Baroda, PNB and Canara Bank whereas CMDs of IDBI and Bank of India are retiring in coming months. Presently the additional charge of MD&CEO of Canara Bank is with V S Krishnakumar (ED), Gauri Shankar (ED) is handling the additional charge of MD & CEO of PNB whereas none has been given additional charge of MD&CEO of Bank of Baroda.