The Banks Board Bureau (BBB) has recommended A Manimekhalai for the position of Managing Director and Chief Executive Officer (MD & CEO) of Union Bank of India. Presently, she is Executive Director, Canara Bank.
Rajkiran Rai G, the incumbent MD & CEO of Union Bank, will complete his term on May 31. The government had extended his term beyond June 30, 2020.
Indian Overseas Bank (IOB) Executive Director Ajay Kumar Srivastava has been recommended to take over as the that banks’s MD & CEO after Partha Pratim Sengupta completes his tenure on December 31, 2022.
Punjab National Bank Executive Director Swaroop Kumar Saha has been shortlisted as the preferred candidate for the position of MD & CEO in Punjab & Sind Bank after the retirement of S Krishnan on May 31, 2022.
The bureau interacted with 15 candidates from various public sector banks, based on which it made recommendations for three MD-CEO posts.
Canara Bank ED K. Satyanarayana Raju, Union Bank ED Nitesh Ranjan and Bank of Baroda ED Debadatta Chand are the top three in the reserve list.
