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Bank of India, Bank of Baroda and Canara Bank get new MD & CEOs

The government on Monday appointed heads of three large public sector banks - Bank of Baroda, Bank of India and Canara bank for a period of three years. Sanjiv Chadha has been appointed as Managing Director (MD) and Chief Executive Officer (CEO) of Bank of Baroda (BoB) by Appointments Committee of the Cabinet (ACC).

Edited by: India TV Business Desk New Delhi Updated on: January 21, 2020 7:40 IST
Bank of India, Bank of Baroda and Canara Bank get new MD &

Bank of India, Bank of Baroda and Canara Bank get new MD & CEOs

The government on Monday appointed heads of three large public sector banks - Bank of Baroda, Bank of India and Canara bank for a period of three years. Sanjiv Chadha has been appointed as Managing Director (MD) and Chief Executive Officer (CEO) of Bank of Baroda (BoB) by Appointments Committee of the Cabinet (ACC). He succeeds P S Jayakumar, whose term ended in October last year.

Chadha, who is at present Deputy Managing Director in State Bank of India, has been appointed to the new post for a period of three years, it said.

The Appointments Committee of the Cabinet (ACC) appointed Lingam Venkat Prabhakar as MD & CEO of Canara Bank and Atanu Kumar Das as MD & CEO of Bank of India. Prabhakar was the executive director of Punjab National Bank and he will be replacing RA Sankara Narayanan who will retire end of this month.

His tenure, from the date of assumption of charge on or after February 1, will be till December 31, 2022.

Atanu Kumar Das has been appointed as the MD and CEO in Bank of India. He will head the bank for three years from date of assuming office. He is at present working as the Executive Director in the same bank.

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