The Appointments Committee of the Cabinet has appointed Atul Kumar Goel, MD & CEO of UCO Bank, as MD & CEO of Punjab National Bank (PNB) with effect from February 1, 2022. Goel will serve as PNB Chief until December 31, 2024, which is his attaining the superannuation age.
He will serve as Officer on Special Duty (OSD) in PNB until January 31, 2022.
Goel will replace Mallikarjuna Rao, incumbent MD & CEO of PNB, who is due to demit office at the end of January 2022. Rao was given a three month extension that will end on January 31, 2022.
It may be recalled that the Banks Board Bureau (BB) had in September 2021 recommended the name of Atul Kumar Goel as MD & CEO of Punjab National Bank (PNB).
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