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Four JS appointed as Govt nominee directors on PSBs

By IndianMandarins- 19 Aug 2017
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four-js-appointed-as-govt-nominee-directors-on-psbs The government has replaced its nominee directors in four public sector banks (PSBs) - Allahabad Bank, Punjab and Sind Bank, United Bank of India and Central Bank of India - with four Joint Secretary-level officials. Rajeev Ranjan, Joint Secretary in the Department of Expenditure, is appointed on Allahabad Bank board in place of Anshuman Sharma. For Punjab and Sind Bank, S Selvakumar, Joint Secretary in the Department of Economic Affairs, has been appointed the Director in place of SR Mehar, official sources said. Sameer Kumar Khare, Joint Secretary in the Department of Economic Affairs, has been appointed Nominee Director at United Bank of India. He has come in place of AK Dogra. On Central Bank of India, Govind Mohan, Joint Secretary in the Department of Economic Affairs, has been appointed. He has replaced Saurabh Garg for this board-level position. It may be recalled that the Reserve Bank of India had recently initiated prompt corrective action (PCA) against Central Bank of India.

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