Ashok Chandra took over as MD and CEO of Punjab Nationwide Financial institution (PNB) whereas Binod Kumar took cost of Indian Financial institution on Thursday following the federal government notification concerning their respective appointments. Chandra, the Govt Director at Canara Financial institution, has succeeded Atul Kumar Goel as PNB MD and CEO.
Chandra began his banking profession with erstwhile Company Financial institution in 1991 as a probationary officer and labored because the department head in varied geographies and dealt with a number of tasks as heading zones/areas of the financial institution throughout the nation, PNB mentioned in a regulatory submitting.
He additionally had a stint in abroad operations when he was heading the consultant workplace of the financial institution at Dubai, UAE.
Then again, Kumar, govt director at PNB, was appointed MD and CEO of Chennai-based Indian Financial institution.
Kumar began his banking journey in PNB as administration trainee in 1994 and went on to change into the manager director of PNB in November 2022.
Kumar succeeds S L Jain who retired as MD and CEO of Indian Financial institution final month.
