ACC approves appointment of two EDs at Public Sector Banks

The Appointment Committee of Cabinet on Thursday (08.08.2024) approved appointment of two Executive Directors at Public Sector Banks. These appointments are likely to come into effect from the date of assumption of office.

They are;

1. Beena Vaheed has been appointed as Executive Director of Bank of Baroda for three years. Presently, she is serving as Chief General Manager of Union Bank of India.
2. Rajeeva has been appointed as Executive Director of Punjab and Sind Bank for three years. Presently, he is serving as Chief General Manager, Punjab National Bank.

On June 19, the Financial Services Institutions Bureau (FSIB) recommended the elevation of five Chief General Managers to the role of Executive Directors at various public sector banks for the upcoming year 2024-25, following interviews with 57 candidates. Those recommended include Beena Vaheed of Union Bank of India; Rajeeva and Amit Kumar Srivastava of Punjab National Bank; and S.K. Majumdar and D. Surendran of Canara Bank.

Also Read: FSIB recommends five new EDs for Public Sector Banks