The top positions in 12 state-run banks will be vacated soon, leaving the government with the pressing task of filling the positions. Senior officials from the banking circle said that this is first time that such a large number of positions will be vacant. While top position holders at eight state-run banks are on the edge of an exit, four others are presently operating headless.
Since January, Andhra Bank, Dena Bank, Punjab & Sindh Bank have been without any head; Allahabad Bank lost its head Usha Ananth Subramanian, after a CBI chargesheet against her for involvement in Nirav Modi scam.
Likewise, PS Jayakumar, CEO, Bank of Baroda is also on the brink of his retirement as he will be completing the three-year term this year. Rajeev Rishi, CEO and MD, Central Bank of India is also going to complete his five-year term and is unlikely to get an extension.
Among other CEOs whose terms have ended include Rakesh Sharma, Canara Bank; Kishor Karat, Indian Bank; Melwyn Rego, Syndicate Bank; PK Bajaj, United Bank of India and RK Takka, UCO Bank. There are 19 executive directors available to fill the 12 top positions at different PSUs.
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Top positions fall vacant in 12 state-run banks
By IndianMandarins - 2018-05-21 15:00:04
The top positions in 12 state-run banks will be vacated soon, leaving the government with the pressing task of filling the positions. Senior officials from the banking circle said that this is first time that such a large number of positions will be vacant. While top position holders at eight state-run banks are on the edge of an exit, four others are presently operating headless.
Since January, Andhra Bank, Dena Bank, Punjab & Sindh Bank have been without any head; Allahabad Bank lost its head Usha Ananth Subramanian, after a CBI chargesheet against her for involvement in Nirav Modi scam.
Likewise, PS Jayakumar, CEO, Bank of Baroda is also on the brink of his retirement as he will be completing the three-year term this year. Rajeev Rishi, CEO and MD, Central Bank of India is also going to complete his five-year term and is unlikely to get an extension.
Among other CEOs whose terms have ended include Rakesh Sharma, Canara Bank; Kishor Karat, Indian Bank; Melwyn Rego, Syndicate Bank; PK Bajaj, United Bank of India and RK Takka, UCO Bank. There are 19 executive directors available to fill the 12 top positions at different PSUs.
