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The board of directors of IDFC Bank has approved appointment of Veena Mankar as Non-Executive Chairperson, with effect from December 9, 2016, up to July 26, 2018. The appointment is subject to approval by the Reserve Bank of India.
The private sector bank, in a statement, said Anil Baijal stepped down from the board on Thursday at the end of his tenure. Mankar has been an independent director of IDFC Bank since July 27, 2015.
According to the statement, Mankar started her career in 1975 with ICICI, the erstwhile development finance institution, which was followed by commercial banking experience in Dubai.
Mankar set up and headed the Indian Representative Office of West LB, a German State-owned bank and thereafter was the founding Managing Director of a factoring non-banking finance company.
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