K Satyanarayana Raju, Nitesh Ranjan and Debadatta Chand, executive directors of Canara Bank, Union Bank and Bank of Baroda respectively, have been named on the reserve list for the same positions.

The Banks Board Bureau (BBB) ​​on Wednesday recommended Deputy Director Alok Kumar Choudhary of the State Bank of India (SBI) for the position of general manager at the bank. The agency also proposed names of candidates for the position of chief executive at three other public sector banks (PSBs).

“After an interview with 21 candidates on March 5-6; March 11-12 and March 15-16 2022, the Bureau recommends Shri Alok Kumar Choudhary for the position of MD in SBI and Shri Vinay M. Tonse as the candidate on the reserve list,” BBB said in a tweet. Tonse is MD & CEO of SBI Mutual Fund.

The BBB recommended Canara Bank executive director A Manimekhalai for the position of MD & CEO at Union Bank of India, Indian Overseas Bank (IOB) executive director Ajay Kumar Srivastava for the top position at his own bank and Punjab National Bank (PNB) executive director Swaroop Kumar Saha for the role of MD & CEO at Punjab & Sind Bank.

K Satyanarayana Raju, Nitesh Ranjan and Debadatta Chand, executive directors of Canara Bank, Union Bank and Bank of Baroda respectively, have been named on the reserve list for the same positions.

Union Bank is currently led by Rajkiran Rai G, IOB by Partha Pratim Sengupta and Punjab & Sind Bank by S Krishnan. Rai’s term ends in May 2022 and Sengupta’s term in December 2022.


This post Banks Board Bureau Recommends Alok Choudhary For SBI MD Post was original published at “https://www.financialexpress.com/industry/banking-finance/banks-board-bureau-recommends-alok-choudhary-for-sbi-md-post/2463398/”

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