Mumbai: The government Wednesday approved appointment of nine Executive Directors (EDs) in various public sector banks, including BoB, BoI and Canara Bank.
R P Marathe, a General Manager with Bank of Baroda, has been appointed as Executive Director in Bank of India.
Bank of Baroda said its General Manager K Venkata Rama Moorthy has been elevated to the post of an Executive Director.
The government also cleared appointment of Kishore Piraji Kharat as Executive Director of Union Bank of India, according to a Finance Ministry statement.
Harideesh Kumar B, at present a General Manager with Vijaya Bank, will take over as Executive Director at Canara Bank.
Union Bank of India's R C Lodha has been appointed as Executive Director at Central Bank of India, while N K Sahoo will assume charge as ED in Allahabad Bank.
The government also appointed Charan Singh Executive Director in UCO Bank.
Pawan Kumar Bajaj will be the new ED at Chennai-based Indian Overseas Bank.
Ravi Shankar Pandey has been appointed as Executive Director of Syndicate Bank.
It could be noted that late last December, a government-appointed selection panel had interviewed 35 candidates to fill vacancies of 15 executive directors in various public sector banks.
Of those interviewed, 12 candidates were shortlisted and allotted the banks also. But a formal notification was pending.
Earlier, this year after splitting the posts of CMDs at state-run banks to MDs & CEOs, the government appointed MDs and CEOs for United Bank of India, Oriental Bank of Commerce, Vijaya Bank and Indian Overseas Bank.
Last month it had also said the existing appointment methods for the top posts would be scrapped and candidates from the private sector could also be welcomed for interviews.
