Govt appoints Asheesh Pandey as MD of Union Bank, Kalyan Kumar as head of Central Bank of India

The Government has appointed Asheesh Pandey as managing director (MD) and CEO of Union Bank of India and Kalyan Kumar as head of Central Bank of India for a period of three years
Govt appoints Asheesh Pandey as MD of Union Bank, Kalyan Kumar as head of Central Bank of India
Govt appoints Asheesh Pandey as MD of Union Bank, Kalyan Kumar as head of Central Bank of India
Published on

New Delhi: The Government has appointed Asheesh Pandey as managing director (MD) and CEO of Union Bank of India and Kalyan Kumar as head of Central Bank of India for a period of three years.

The Appointments Committee of the Cabinet headed by the Prime Minister approved these appointments for an initial period of three years, sources said.

PSU Watch is now on Whatsapp Channels. Click here to join

Pandey, currently Executive Director of Bank of Maharashtra, has been appointed as MD and CEO of Union Bank of India for a period of three years with effect from date of assumption of charge of the office.

Kumar, Executive Director of Punjab National Bank (PNB), will succeed M V Rao as MD and CEO of Central Bank of India after his superannuation in July.

The Financial Services Institutions Bureau (FSIB) on May 30 recommended Pandey and Kumar for the post of MD and CEO of Union Bank of India (UBI) and Central Bank of India, respectively.

Govt appoints Asheesh Pandey as MD of Union Bank, Kalyan Kumar as head of Central Bank of India
Finance Ministry urges employees to opt for UPS before Sept 30 deadline

FSIB is headed by former Department of Personnel and Training Secretary Bhanu Pratap Sharma.

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

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com