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Atul Kumar Goel joins PNB, will be its MD & CEO from Feb


Atul Kumar Goel joined the Punjab National Bank (PNB) on January 1, 2022, and will serve as an officer on special duty (OSD) in PNB until the end of this month. He is slated to take over as the new MD and CEO of PNB with effect from 01.02.2022. Goel will replace CH. S.S. Mallikarjuna Rao, incumbent MD & CEO of PNB, is due to demit office at the end of January 2022.

As approved by the Appointments Committee of the Cabinet (ACC), Goel, who was till now the MD and CEO of UCO Bank, will serve as PNB chief up to the date of his attaining the age of superannuation (i.e., 31.12.2024), or until further orders, whichever is earlier.

Goel has around three decades of professional banking experience in three banks viz. Allahabad Bank (now Indian Bank), Union Bank of India, and UCO Bank. He is a qualified chartered accountant and has vast experience, exposure, and expertise in all major areas of banking, including large corporate, treasury management, risk management, financial planning & investor relations, apart from support service, business process transformation, compliance, etc. He is also at the helm as Chairman of the Indian Bank’s Association (IBA) for 2021-22. Additionally, he is a Director on the Board of The New India Assurance.

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