PP Pattnayak is new MD for State Bank of Mysore
Bangalore: P.P. Pattanayak has assumed charge as managing director of the State Bank of Mysore replacing Y. Vijayanand.

Pattanayak was earlier the deputy managing director (DMD) and chief credit officer of the State Bank of India, Mumbai.

His earlier assignment was with the parent bank as DMD, corporate banking and information technology at the SBI Corporate office. He had also served as chief general manager of SBI subsidiary, State Bank of Travancore.
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Mohandas Pai gets place on IPE board
Hyderabad: T.V. Mohandas Pai, director (human resources, education and research & administration), Infosys Technologies, has joined the Board of Governors of the Institute of Public Enterprise (IPE), here.
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Reliance appoints Rajeev Karwal for consumer durables vertical
Mumbai: Reliance which is scheduled to flag off its first outlet at Uppal near Hyderabad has created various verticals within its retailing business and is now in the process of signing sourcing contracts with various players in the market. For its consumer durables business Reliance has appointed the ex-Electrolux head, Rajeev Karwal, who is expected to strike several sourcing deals in the consumer durables business.

Industry men say, Reliance has appointed big names from the industry so that they can use their clout and contacts to get the best sourcing deals in its retailing business where getting the right margins will dictate the success of the venture.
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