The Centre has appointed Usha Ananthasubramanian as the first Chairman and Managing Director of the Bharatiya Mahila Bank, the country’s first all-woman bank.
She is currently an executive director at Punjab National Bank, a leading public sector lender.
Besides a post-graduate degree in statistics from the University of Madras, she also has a master’s degree in ancient Índian culture from Bombay University.
Bharatiya Mahila Bank is expected to be formally launched at Mumbai on November 19, which happens to be birth anniversary of former Prime Minister Indira Gandhi.
Usha Ananthasubramanian has over three decades of banking experience. She is the wife of Ananthasubramanian, currently the President of the Institute of Company Secretaries of India.