Search starts for MD&CEO for five Public Sector Banks


Collective Pic of five banks

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.


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