22 names recommended for ED posts at banks

These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19

The Banks Board Bureau (BBB) has recommended 22 general managers to be elevated as executive directors (EDs)at various public sector banks (PSBs) for vacancies in the current financial year.

The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, will take the final decision in this regard.

This is the first major exercise under new chairman B P Sharma, the Union government’s former secretary, department of personnel.

Sharma was appointed as the head of panel, advisory body formed by the government for selection of candidates for the top level board appointment, in April after completion of two-year term of former comptroller and auditor general Vinod Rai.

The Bureau is also in process of selecting candidates for posts of managing director (MD) and chief executive officer (CEO) at public sector banks and institutions. MD and CEO’s positions are vacant at Andhra Bank, Dena Bank, Punjab and Sindh Bank, sources said.

The chief executive’s post at IDBI Bank will fall vacant when current MD and CEO M K Jain will move to Reserve Bank of India as deputy governor.

Top slots at some banks like Corporation Bank, Central Bank, Bank of Baroda will also fall vacant during course of the year.

On June 8, Piyush Goyal, interim finance minister had said that vacant executive positions in public sector banks will be filled up in the next 30 days.

The chairman and members of the panel have recommended to the Government of India to appoint 22 general managers as executive directors in public sector banks (PSBs), BBB said in a statement.

The panel has recommended general managers Manas Ranjan Biswal (Punjab National Bank), Gopal Gusain, Vivek Jha, Alok Srivastava, Hemant Kumar Tamta, Ajit Kumar Das, Agyey Kumar Azad, Dinesh Kumar Garg, Sanjay Aggarwal and Shanti Lal Jain for appointment as EDs.

Besides, Vijay Dube, Ajay K Khurana, A Manimekhalai, Vikramaditya Singh Khichi, Usha Ravi of Dena Bank, P R Rajagopal, Shenoy Vishwanath Vittal, Atul Kumar, K Srinivasa Rao, Sanjay Kumar, K Ramchandran and Ajay Vyas would also be elevated.

"These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19," it said.

Photograph: Ajay Verma/Reuters