The Appointments Committee of the Cabinet has approved seven top-level changes in various public sector banks.
Usha Ananthasubramanian, Managing Director & CEO, Punjab National Bank (PNB), has been laterally appointed as MD & CEO of Allahabad Bank.
Sunil Mehta, Executive Director, Corporation Bank, has been appointed as Managing Director & CEO of Punjab National Bank.
The ACC has also approved the appointment of Dinabandhu Mohapatra, Executive Director at Canara Bank, as Managing Director and CEO of Bank of India.
G Rajkiran Rai, Executive Director at Oriental Bank of Commerce, has been appointed as MD & CEO of Union Bank of India for a period of three years with effect from July 1, 2017.
R Subramaniakumar, Executive Director, Indian Overseas Bank, has been elevated as MD & CEO of the bank.
R A Sankara Narayanan, ED, Bank of India, has been appointed as MD & CEO of Vijaya Bank with effect from September 1, 2017.
M.O. Rego, MD & CEO of Bank of India ,has been appointed as MD & CEO of Syndicate Bank with immediate effect.
The necessary communication in this regard has been sent to the Department of Financial Services, an information notice put out by the Department of Personnel & Training (DoPT) said.