Centre appoints seven new Executive Directors in Public Sector Banks

Government appoints seven new Executive Directors across major public sector banks following ACC approval and FSIB recommendations.

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Ministry of Finance

The Department of Financial Services (DFS) on Monday (November 24, 2025) formally notified the appointment of seven Executive Directors (EDs) to the Boards of various public sector banks. This comes three days after the Appointments Committee of the Cabinet (ACC) approved the DFS proposal on November 21, 2025.

According to the notification, the following officers have been appointed as Executive Directors:

  1. Amit Kumar Srivastava – Executive Director, Punjab National Bank
  2. E. Ratan Kumar – Executive Director, Central Bank of India
  3. Amresh Prasad – Executive Director, Union Bank of India
  4. Pramod Kumar Dwibedi – Executive Director, Bank of India
  5. Sunil Kumar Chugh – Executive Director, Canara Bank
  6. Mini T M – Executive Director, Indian Bank
  7. Prabhat Kiran – Executive Director, Bank of Maharashtra

These appointments follow the selection process conducted by the Financial Services Institutions Bureau (FSIB), which on August 4, 2025, recommended 11 candidates for ED positions after interviewing 80 banking professionals from various PSBs between July 19 and August 4, 2025. Out of these, seven officers have now been given postings.

Also Read: FSIB recommends 11 candidates for Executive Director posts in PSBs