Usha Ananthasubramanian becomes first woman chairman of Indian Banks’ Association

Usha Ananthasubramanian, MD and CEO of Allahabad Bank, has been elected the first woman chairman of Indian Banks’ Association (IBA) for the year 2017-18. She succeeded Jatinder Bir Singh. Rajnish Kumar, Chairman of State Bank of India, was elected Deputy Chairman of IBA for the year 2017-18. IBA is the banking sector’s industry body, whose objective, among others, is to promote and develop sound and progressive banking principles, practices and conventions and to contribute to the developments of creative banking in the country.