Government appoints 9 executive directors for public sector banks

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Even as the senior-level placements for public sector banks are underway, the government has approved the appointment of nine executive directors, according to reports.

This comes five days after the appointment of State Bank of IndiaChairman Rajinish Kumar on October 4. He will be succeeding Arundhati Bhattacharya, who completed her four-year term.

On July 4 this year, the Chairman and members of the Banks Board Bureau (BBB) recommended 15 General Managers to the Government of India for the post of Executive Directors in public sector banks.

These recommendations were based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2017-18, BBB had said.

The government’s latest appointments are as follows:

1. AK Srivastava as ED of Indian Overseas Bank

2. BS Shekhawat as ED of Central Bank of India

3. GN Dongre as ED of Punjab & Sindh Bank

4. MV Rao as ED of Canara Bank

5. Kul Bhushan Jain as ED of Andhra Bank

6. RK Yaduvanshi as ED of Dena Bank

7. Chaitanya Gayatri Chunthapalli as ED of Bank Of India

8. Krishnan S as ED of Syndicate Bank 
9. LVV Prabhakar as ED of Punjab National Bank

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