Comments
The Appointments Committee of the Cabinet (ACC) gave its nod for the extension of terms of three serving Managing Director and CEOs and ten Executive Directors in various public sector banks.
The three MD and CEOs who got tenure extensions include Ch SS Mallikarjuna Rao of Punjab National Bank, Atul Kumar Goel of UCO Bank and AS Rajeev of Bank of Maharashtra.
While Mallikarjuna Rao's term has been extended till January 31 next year, the term of office of Anil Kumar Goel has been extended for two years till November 1, 2023. A S Rajeev's tenure has been extended by two years till December 1, 2023.
The EDs who received extension for two years beyond their currently notified term expiry date are Ajay Khurana (Bank of Baroda), A Manimekhalai (Canara Bank) and PR Rajagopal (Bank of India).
The other seven EDs whose term have been extended till the date of their superannuation are Sanjay Kumar (Punjab National Bank), Gopal Singh Gussain (Union Bank of India), Vikramaditya Singh Khichi (Bank of Baroda), Shenoy Vishwanath Vittal (Indian Bank), Vijay Dube (Punjab National Bank), Alok Srivastava (Central Bank of India) and Manas Ranjan Biswal (Union Bank of India ), according to an executive order issued by the Department of Personnel and Training.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.