MD & CEO of BOI, Canara, and BOB Appointed

As per an order issued on Monday, 20^th January 2020 by the Ministry of Personnel, Sanjiv Chadha, who was serving as the Deputy Managing Director in the State Bank of India has been appointed as the Managing Director and Chief Executive Officer of the country’s third-largest lender and public sector bank, Bank of Baroda (BOB). Dena Bank and Vijaya Bank were merged with Vadodara based Bank of Baroda from 1^st April 2019 onwards.

Appointment of three top echelons of three public sector banks was ordered by the Ministry, Lingam Venkat Prabhakar as the managing director and  & Chief executive officer of Canara Bank and Atanu Kumar Das as managing director & chief executive officer of Bank of India (BOI). While Prabhakar was the Executive Director of Punjab National Bank at present,  Atanu Kumar Das is serving as the Executive Director at Bank of India.  All three appointments were made for a period of three years from the date of assumption of charge.

Month: Current Affairs - January, 2020