FSIB recommends Binod Kumar for post MD & CEO in Indian Bank

The final decision on the FSIB recommendation would be taken by the appointments committee of the Cabinet headed by Prime Minister Narendra Modi.

FSIB recommends Binod Kumar for post MD & CEO in Indian Bank
FSIB recommends Binod Kumar for post MD & CEO in Indian Bank

The Financial Services Institutions Bureau (FSIB) on Saturday recommended Binod Kumar for the post of Managing Director of Chennai-based Indian Bank. Kumar, who is serving as Executive Director of Punjab National Bank, will replace S L Jain on his superannuation next month.

 FSIB, a headhunter for directors of state-owned banks and financial institutions, in a statement, said the bureau interviewed 15 candidates on Sunday.

"Keeping in view their performance in the interface, their overall experience, and the extant parameters, the Bureau recommends Binod Kumar for the position of MD & CEO in Indian Bank," it said.

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The final decision on the FSIB recommendation would be taken by the appointments committee of the Cabinet headed by Prime Minister Narendra Modi.

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