The Financial Services Institutions Bureau (FSIB) on Wednesday (24.04.2024) recommended the appointment of Asheesh Pandey to the post of MD & CEO in Indian Bank.
Pandey is currently Executive Director at Bank of Maharashtra (BoM). He took charge as ED of the public sector bank in December 2021. FSIB had interfaced with 17 candidates from various public sector banks on April 23 and 24, 2024 for the forthcoming positions of MD and CEO in public sector banks.
Prior to getting elevated as ED, Pandey was Chief General Manager and Chief Operations Officer at Union Bank of India.
Currently, Shanti Lal Jain is the MD and CEO of Indian Bank, having taken office on September 1, 2021. Pandey is set to succeed him upon his retirement. Prior to becoming MD and CEO, Shanti Lal Jain was the Executive Director of Bank of Baroda (BoB) from September 2018 to August 2021.
The final decision on FSIB’s recommendation will be made by the Appointments Committee of the Cabinet, chaired by Prime Minister Narendra Modi. FSIB is led by former Department of Personnel and Training Secretary Bhanu Pratap Sharma.
