A K Mishra appointed Canara Bank ED
Bangalore: A K Mishra has been appointed as the executive director of Canara Bank. Mishra and has assumed charge. Mishra is a Fellow of the Certified Institute of Bankers of Scotland (FCIBS), a Fellow of the Zambian Institute of Bankers (FZIB) and an Associate of Australasian Institute of Banking and Finance (AAIBF), a bank release said.
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G S Matta is Punjab & Sind Bank ED
New Delhi: G.S. Matta has been appointed as the executive director of Punjab & Sind Bank. Matta started his career with Indian Oversees Bank in 1968. He joined Punjab & Sind Bank in August 2005.
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Thomas Mathew takes charge as LIC MD
Hyderabad: Thomas Mathew T has taken over as the new managing director for Life Insurance Corporation of India (LIC), replacing K Sridhar. Earlier the zonal manager for LIC in the western zone Mathew's appointment is raising questions especially as the other top contenders were senior to him.

The other contenders for the post were Roy Chowdhury, executive director (personnel), LIC (central office), Ashok Shah, zonal manager, LIC (northern zone) and T Chattopadhyay, zonal manager, LIC (south central zone).

Sources says all the four contenders belong to the 10th batch of direct recruit officers, but based on the seniority level and ranking among the directors, Shah should have been selected for the post.

Also the other contenders Shah, Chattopadhyay and Chowdhury have four, five and six years, respectively, to retire while Mathew has seven years for retirement. This has also raised uncomfortable questions. Sources said "If the other contenders had only a few months for retirement there would have been no reason for dissatisfaction on the appointment of a junior officer. However, with all the contenders having at least four years at their disposal, the senior-most should have been given priority," the source added.
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Honda Siel marketing head resigns
New Delhi: Rajive Saharia, the head of marketing and sales at Honda Siel Cars India has resigned after nine years of service in the company.

He will put in his papers shortly, deciding against continuing after his contract expires on March 31, the sources said. Sources said he is likely to join a European auto component company in India.
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