Umesh Chand Asawa, Managing Director & CEO, A.P.Mahesh Co-operative Urban Bank Ltd, has been elected Member of the managing committee of the Indian Banks Association (IBA), Mumbai.

"This is the first time that a banker from South India has been elected on the managing committee of IBA to represent all the cooperative banks of the country. Mahesh Bank said in a release.

Asawa has been working with the Mahesh Bank for more than three decades and had served in various capacities.

IBA, an apex body of all the banks in the country has been set up in 1946 to work proactively for the growth of a healthy, professional and forward looking banking.

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