New Appointments in Public Sector Banks - April 2019

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The Appointments Committee of the Cabinet (ACC) today approved proposals to appoint new Managing Directors and Chief Executive Officers (MD & CEO) for various Public Sector Banks (PSBs) including recently merged Vijaya Bank, Dena Bank and Bank of Baroda. Here is the list :

• MD & CEO of Vijaya Bank, R A Sankara Narayanan has been appointed as the new MD & CEO of Canara Bank
• MD & CEO of Dena Bank Karnam Sekar has been appointed as the new chief of Indian Overseas Bank (IOB)
• Executive Director of Vijaya Bank, Murali Ramaswami has been appointed as the new Executive Director of Bank of Baroda (amalgamated entity)
• Executive Director of Dena Bank, Rajesh Kumar Yaduvanshi has been appointed as the new Executive Director of Punjab National Bank
• Executive Director of Vijaya Bank, Y Nageswara Rao has been appointed as the Officer on Special Duty (OSD) and whole time director in Syndicate Bank

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