National News

Govt appoints 7 Executive Directors in Public Sector Banks

Central Government has approved the appointments of seven officials as Executive Director in various Public Sector Banks (PSBs)

PSU Watch Bureau

New Delhi: The Central Government has appointed seven Executive Directors at various PSBs (Public Sector Banks) for three years. The Appointments Committee of the Cabinet (ACC) has given its nod for the appointment and further mentioned the officials can get two- year extension if needed only if they are eligible after a performance review.

Here is the list of newly appointed Executive Directors:

Rajneesh Karnatak, who is currently serving as Chief General Manager in Punjab National Bank, has been appointed as Executive Director in Union Bank of India.

Ashwani Kumar, who is currently serving as Chief General Manager in the Punjab National Bank, has been appointed as Executive Director in Indian Bank.

Kalyan Kumar, who is currently serving as Chief General Manager in the Union Bank of India, has been appointed as Executive Director in Punjab National Bank (PNB).

Asheesh Pandey, who is currently serving as Chief General Manager in the Union Bank of India, he been appointed as Executive Director in Bank of Maharashtra.

Yadav Ramjass, who is currently serving as Chief General Manager in Bank of Baroda, has been appointed as Executive Director in Punjab and Sind Bank.

Roy Joydeep Datta, who is currently serving as Chief General Manager in Bank of Baroda, has been appointed as Executive Director in Bank of Baroda.

Nidhu Saxena, who is currently serving as General Manager in UCO Bank, has been appointed as Executive Director in Union Bank of India.

According to the notification, all the candidates have been appointed to the post for a period of three years with effect from the date of taking over charge of the post. They are also eligible for an extension of their term of office, after a review of their performance, by two years.

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