Banks Board Bureau suggests 22 names for executive directors post in state-owned banks

As per it, the Government of India will take final decision on appointments of the executive directors.

In it first major exercise after the appointment of former Union secretary B P Sharma as its chairman, Banks Board Bureau (BBB) has recommended 22 general managers to be elevated as executive directors at the various public sector banks.
 
These names have been proposed against available number of vacancies in the current financial year.
 
"These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19," said BBB in a statement, adding these recommendations are subject to various clearances.
 
The panel has recommended general managers Manas Ranjan Biswal (Punjab National Bank), Gopal Gusain, Vivek Jha, Alok Srivastava, Hemant Kumar Tamta, Ajit Kumar Das, Agyey Kumar Azad, Dinesh Kumar Garg, Sanjay Aggarwal and Shanti Lal Jain for appointment as EDs.
 
Besides, Vijay Dube, Ajay K Khurana, A Manimekhalai, Vikramaditya Singh Khichi, Usha Ravi of Dena Bank, P R Rajagopal, Shenoy Vishwanath Vittal, Atul Kumar, K Srinivasa Rao, Sanjay Kumar, K Ramchandran and Ajay Vyas too would be elevated.
 
As per Bureau, the Government of India will make the final decision on appointments of the EDs. The Bureau is an autonomous body of the Government of India with the task to improve the governance of the state-run banks.
 
Before his appointment as chairman at BBB, B P Sharma was working at Secretary in the Department of Personnel and Training. He was appointed in April after completion of two-year term of former CAG Vinod Rai.
 
The Bureau is also in process of selecting candidates for posts of managing director and chief executives at public sector banks and institutions. 
 
The posts for MD and CEO are vacant at Andhra Bank, Dena Bank, Punjab and Sindh Bank, banking sources told Business Standard (BS). These posts are slated to fall vacant after its current MD and CEO M K Jain moves to Reserve Bank of India as deputy governor.
 
The vacancies at Corporation Bank, Central Bank, Bank of Baroda for these top positions are likely to come up during the course of the year, BS report said.
 
On June 08, Piyush Goyal, the interim finance minister had said that vacant executive positions in public sector banks will be filled up in the next 30 days.
 
Source: Media reports

Add new comment