FSIB recommends Rana Ashutosh Kumar Singh as SBI MD, Asheesh Pandey as Indian Bank MD
FSIB interfaced with 17 candidates from various public sector banks on April 23 and 24, 2024 for the forthcoming positions of MD and CEO in public sector banks.
![FSIB recommends Rana Ashutosh Kumar Singh as SBI MD, Asheesh Pandey as Indian Bank MD](https://www.psuconnect.in/sdsdsd/fsib.jpg)
The Financial Services Institutions Bureau (FSIB) has recommended the appointment of Rana Ashutosh Kumar Singh for the position of Managing Director at State Bank of India and Asheesh Pandey for the position of MD & CEO at Indian Bank, respectively.
Mr. Singh is currently Deputy Managing Director (Retail- Personal Banking & Real Estate ) at SBI. The recommending board has so far interacted with 16 candidates on April 23 and 24, 2024 for the position of MD in SBI.
India’s largest bank SBI has four MDs -- Challa Sreenivasulu Setty, Managing Director (International Banking, Global Markets & Technology), Alok Kumar Choudhary, Managing Director (Risk, Compliance & SARG), Ashwini Kumar Tewari, Managing Director (Corporate Banking & Subsidiaries) and Vinay M Tonse, Managing Director (Retail Business & Operations).
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYChoudhary tenure as MD ends on June 30, 2024, upon his superannuation.
Mr. Pandey is currently the Executive Director at the Bank of Maharashtra (BoM). He took charge as ED of the public sector bank in December 2021.
FSIB interfaced with 17 candidates from various public sector banks on April 23 and 24, 2024 for the forthcoming positions of MD and CEO in public sector banks. Earlier, ascending as ED, Pandey was Chief General Manager and Chief Operations Officer at Union Bank of India.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail deposits
Currently, Shanti Lal Jain is the MD and CEO of Indian Bank. He assumed charge on September 1, 2021. Prior to this, he served as Executive Director of Bank of Baroda (BoB) for three years, from September 2018 to August 2021.
Read Also : India assumes the Chair of Asian Disaster Preparedness CentreNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh