Govt appoints 14 executive directors in state-run banks
The appointments will take care of any vacancies arising till March 2019, says financial services secretary Rajiv Kumar
New Delhi: A day after appointing chiefs at 10 state-run banks, the government on Thursday appointed 14 bankers as executive directors.
With this, the government has completed the exercise of appointing the top management at state-run banks, empowering these institutions to take effective decisions to curb their bad debts and stem their losses.
Financial Services Secretary Rajiv Kumar said in a tweet that these appointments will take care of any vacancies arising till March 2019.
“Focus to be now on competency-mapping capacity building and visionary leadership of senior & middle management,” he said.
The appointments will fill up vacancies in banks like Bank of Baroda, Union Bank of India and Punjab National Bank among others.
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