FSIB recommends names for MD posts of Bank of Baroda, Bank of India

New Delhi: The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, on Saturday recommended names for the posts of managing directors of Bank of Baroda and Bank of India. "The Bureau has recommended the name of Debadatta Chand for the position of MD and CEO in Bank of Baroda and Rajneesh Karnatak for MD and CEO in Bank of India," said FSIB in a statement.

The selection was done by the BBB based on interviews held on Saturday. The final decision on the FSIB recommendation would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi. FSIB is headed by Former Secretary, Department of Personnel and Training (DoPT), Bhanu Pratap Sharma.

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Other members of the headhunter team are Animesh Chauhan, former chairman and managing director of erstwhile Oriental Bank of Commerce, RBI's ex-executive director Deepak Singhal, and Shailendra Bhandari, former MD of erstwhile ING Vysya Bank.

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