Punjab & Sind Bank: Banks Bureau shortlisted MDs for four banks. India Business News – Times of India

MUMBAI: The Banks Board Bureau, the body that selects CEOs for financial institutions in the public sector, has identified managing directors for four lenders – Union Bank of India, Indian Overseas BankPunjab & Sind Bank and State Bank of India.
The board has shortlisted A Manimekhalai for Ajay Kumar, MD and CEO of Union Bank of India. Srivastava For the post of MD & CEO, Indian Overseas Bank and Swaroop Kumar Saha Alok Kumar Choudhary has been recommended for the post of MD in State Bank of India for Punjab & Sind Bank. The final appointments will be notified by the government based on these recommendations.
Manimekhalai is the Executive Director at Canara Bank since February 2019. He has been named as the successor of Rajkiran Rai, whose term ends in May 2022. Srivastava is the executive director of Indian Overseas Bank and was given a two-year extension in the position. in October 2020. Partha Pratim Sengupta is the current CEO of IOB and has been appointed till retirement or December 2022. S KrishnaniThe CEO of Punjab and Sind Bank will also complete his term in May 2020.
Announcing the shortlisted candidates, the bureau said it held talks with 15 candidates from various public sector banks for the posts between March 5 and 6 and March 15 and 16.