|
Panel
to select new IDBI chief
Our Banking Bureau
9 June 2003
 Mumbai:
The
central government has appointed a three-member expert
committee to zero in on a successor to Industrial Development
Bank of India (IDBI) chairman and managing director P
P Vora.
A
committee consisting of Reserve Bank of India (RBI) deputy
governor Rakesh Mohan, National Institute of Bank Management
director M G Bhide and chief economic advisor to the Centre
Ashok Lahiri has been constituted to select a successor
to Vora.
Vora,
who was appointed for a two-year term, took charge as
CMD of IDBI on 5 September 2001. He is completing his
term by end-September 2003. Finding a successor to Vora
gains significance, as the financial institution is in
the process of converting itself into a corporate bank.
 This
is likely to be one of the important considerations of
the panel in the selection process, say sources. Besides,
the new candidate should have a minimum two-year tenure
before superannuation.
List
of reports on IDBI Bank
List
of reports on People on the move
|
