News makers:
17 Apr 2000
1
: In an attempt to quickly fill the vacant slots at the top of more than a
dozen nationalised banks, the government today announced the appointment of chief
executives for three banks. In a break from the past, the government has ensured that the
executive directors of the banks have been elevated to the top posts, instead of brining
in outsiders.
Mr. S. S. Kohli has been appointed the chairman and managing director (CMD) of the Punjab National Bank. Prior to this appointment he was the CMD of its subsidiary, Punjab Sind Bank.
Mr. B. Samal, previously executive director, has been appointed the CMD of Allahabad Bank.
Mr. V. Leeladhar, previously executive director, has been appointed the CMD of Union Bank of India.
The government has announced that posts in the remaining
banks will be filled in the coming week.
