The tenure of Sanjeev Chadha, MD and CEO of Bank of Baroda was ending on 19 January.
New Delhi:
The government has extended the tenure of Bank of Baroda (BoB) Subordinate Director (MD) and Chief Executive Officer (CEO) Sanjeev Chadha (Sanjeev Chadha) by about five months till June 30. His term was ending on January 19. Earlier it has been decided to extend his tenure on January 14, 2023. The source said that the Appointments Committee of the Cabinet has approved the proposal to extend the tenure of Sanjiv Chadha in the Department of Financial Services (Department of Financial Services) till June 30, 2023.
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Meanwhile, the Financial Services Institutions Bureau (Financial Services Institutions Bureau) ie FBS Agency (FSIB) has approved the appointment of Executive Director Devdutt Chand (Devdutt Chand) as MD (MD) of Bank of Baroda (Bank of Baroda). Apart from this, the bureau has also pledged the name of Rajneesh Karnataka (Rajneesh Karnataka), Executive Director of Union Bank of India (Union Bank of India) for the post of MD and CEO in Bank of India (Bank of India).
Let us tell you that the FSIB Officer (FSIB) announces the appointment of directors for Public Sector Affairs (Public Sector Banks) and Financial Statements (Financial Institutions). A final decision on the decision of the FS representatives will be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi.
The bureau recommended the name of K. Satyanarayana Raju (K. Satyanarayana Raju) for the post of MD and CEO of Canara Bank (Canara Bank) in November, 2022. Raju is currently the executive director of the bank. He is likely to be replaced by General Manager (General Manager) of Indian Bank HS Ahluwalia (HS Ahluwalia). The head of CBSE is Bhanu Pratap Sharma, former secretary of the personnel and training department.