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Appointment of MD, P&S Bank soon: Ms Bedi, Bajaj or Bhullar?

By IndianMandarins- 19 Aug 2018


Indianmandarins reliably learns that three names have been in the race for the post of Managing Director of Punjab & Sindh Bank; a post which has been pying vacant for approx two years.

If some top sources are to be belived B S Bhullar (IAS:1986:UP), the incumbent DG, DGCA, is out of race now. Further Ms Satbir Bedi (IAS:1986:UT) and Jasbir Singh Bajaj (IAS:1986:TN) remains in race for the top job. Ms Bedi is currently Secretary, National Women Commission whereas Bajaj is Principal Resident Commissioner at Tamil Nadu House, New Delhi.  

Initially, three names were in reckoning but a panel comprising two names has, reportedly, been finalised and awaiting ACC ratification. Reportedly, appointment of MD for Punjab & Sindh Bank may be announced by the end of this month.

It may be mentioned that approx a dozen of Public Sector Banks is running headless. Punjab and Sind Bank is headless for over two years whereas Andhra Bank and Dena Bank are headless since January this year. Several other PSBs namely; Canara Bank, Allahabad Bank, Central Bank of India, Syndicate Bank, Bank of India, Indian Bank, Bank of Maharashtra, Bank of Baroda are all await MDs. The Allahabad Bank MD post fell vacant after the govt removed Usha Ananthasubramanian on August 13 in PNB scam.

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