PSUs

MD & CEO of a PSB appointed as OSD of another PSB

By IndianMandarins- 16 Apr 2020
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md-ceo-of-a-psb-appointed-as-osd-of-another-psb

Former Syndicate Bank MD and CEO Mrutyunjay Mahapatra has been appointed as OSD of another PSB Canara Bank. The government’s notification on April 13, 2020 has appointed Mahapatra, former managing director and chief executive officer of Syndicate Bank as an OSD on a supernumerary basis in Canara Bank.

His appointment comes to effect from the date of assumption of office, and till the age of superannuation (May 5, 2020) or until further orders, whichever is earlier. Shares of Canara Bank on Wednesday closed at Rs 86.60 apiece on the BSE, down1.81 percent from the previous close.

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