Reported by banking | Updated: April 21, 2020
Prashant Kumar, former CFO and deputy MD of State Bank of India, is the new MD and CEO of Yes Bank. The bank said it has reconstituted its board of directors with former MD and CEO of Punjab National Bank Sunil Mehta as the non-executive chairman. The troubled bank has seen investment by private banks […]
Reported by banking | Updated: January 21, 2020
Three public sector banks – Bank of Baroda, India and Canara Bank – have new heads. The government Sanjiv Chadha as the MD and CEO of Bank of Baroda, Lingam Venkat Prabhakar as MD and CEO of Canara Bank and Atanu Kumar Das MD and CEO of Bank of India. Chadha was the deputy managing […]
Reported by banking | Updated: November 4, 2019
T. Latha, MD and CEO at Dhanlaxmi Bank, has resigned. She has cited personal reasons for the action. The bank said in a filing with the stock exchanges that Latha has submitted her resignation as MD & CEO and director of the bank on 30 October. The bank added that the resignation has been accepted […]
Reported by banking | Updated: November 4, 2019
IndusInd Bank has named Sumant Kathpalia as the new MD and CEO of the bank. He will take over from Romesh Sobti upon the latter’s superannuation. Kathpalia, 55, is at present the head of consumer loans at the bank. The bank said the proposal has been forwarded to the Reserve Bank of India for approval. […]
Reported by banking | Updated: October 24, 2019
Wells Fargo & Co has appointed Charlie Scharf as its new CEO. Scharf took over on 21 October and he has the mandate to ‘finish what three predecessors couldn’t’. Immediately after taking over, Scharf said in an internal note that the bank will put all available resources toward building out operations, risk and control functions, […]
Reported by banking | Updated: October 14, 2019
The term of P.S. Jayakumar as MD and CEO of Bank of Baroda ended on 12 October as the government did not extend his tenure to oversee the task of integration of the Dena Bank and Vijaya Bank with it. It is now expected that the government may announce a successor for him soon. Jayakumar […]
Reported by banking | Updated: June 5, 2019
A survey among banking professionals on the topic of [email protected] indicated that the coming in of a new CEO had varied levels of happiness among the employees. The study, which covered some 300 people in the banking and financial services domain, found that the people who are happier and the people who felt no change […]
Reported by banking | Updated: November 1, 2018
The Reserve Bank of India has approved the re-appointment of Aditya Puri as MD and CEO of HDFC bank for another 2 years. The bank said in a regulatory filing that the RBI in a letter has accorded its approval for the re-appointment of Puri, as MD & CEO of the bank from 1 November […]
Reported by banking | Updated: September 20, 2018
The government has appointed heads for 10 public sector banks. Of these, 5 are from State Bank of India. They are Mrutyunjay Mahapatra, Padmaja Chundru, Pallav Mohapatra, J. Packirisamy and Karnam Shekhar. Mahapatra, who is DMD at SBI will assume office of MD and CEO of Syndicate Bank, Chundru as MD and CEO of Indian […]
Reported by banking | Updated: September 14, 2018
Societe Generale has appointed Sunil Shah as CEO of its global solution centers in India and Romania. Shah has been with Fidelity for more than 7 years and had led the asset management IT division of the company before joining Societe Generale in 2011 at its Global Solutions Center. He has been leading all delivery […]
