Advocate Shripad Panchpor has been appointed Director on the board of Cosmos Co-operative Bank, a scheduled co-operative bank with operations in six States. The appointment is in place of late Pramod Parakhi.
A well known lawyer, Panchpor has been connected with the Cosmos Bank for the last several years and is the President of Cosmos Foundation. His tenure will end along with the present board of directors on December 31, 2014.
With a business of over Rs 22,000 crore, the Cosmos Bank has 119 branches and extension counters.