PNB MD and CEO Ch. S. S Mallikarjuna Rao’s term extended till January 2022
- ByAyushi Ray | August 26, 2021

PNB MD and CEO Ch. S. S Mallikarjuna Rao’s term extended till January 2022 as per the Appointments Committee of the Cabinet. Rao was due for retirement on September 18 this year. The government on October 1, 2019, appointed Ch. S. S Mallikarjuna Rao as the MD and CEO of Punjab National Bank. Prior to his appointment as the MD and CEO of Punjab National Bank, Rao was the Managing Director and Chief Executive Officer in Allahabad Bank. Meanwhile, the Appointments Committee also announced the extension of tenure of other Executive Directors, CEOs, and MDs in public sector banks.

The government has also extended the term of office of UCO Bank’s MD and CEO, Atul Kumar for two years. Kumar was to retire on November 1, 2021. The tenure of A. S. Rajeev, MD and CEO of Bank of Maharashtra has also been extended for a period of 2 years. Rajeev was due for retirement on December 1, 2021. The Appointments Committee of the Cabinet has also extended the tenure of Executive Director’s of Bank of Baroda, Punjab National Bank, Union Bank of India, Canara Bank, Bank of India, Central Bank of India and Indian Bank.