Three nationalised banks get new chief executives
New Delhi: In an attempt to quickly fill the vacant slots at the top of more than a dozen nationalised banks, the government today announced the appointment of chief executives for three banks. In a break from the past, the government has ensured that the executive directors of the banks have been elevated to the top posts, instead of brining in outsiders.

Mr. S. S. Kohli has been appointed the chairman and managing director (CMD) of the Punjab National Bank. Prior to this appointment he was the CMD of its subsidiary, Punjab Sind Bank.

Mr. B. Samal, previously executive director, has been appointed the CMD of Allahabad Bank.

Mr. V. Leeladhar, previously executive director, has been appointed the CMD of Union Bank of India.

The government has announced that posts in the remaining banks will be filled in the coming week.
Back to News Review index page