Government appoints CMDs for four public sector banks
The Government has appointed Chairman & Managing Director (CMD) for four public sector banks - Allahabad Bank, Andhra Bank, Syndicate Bank and Vijaya Bank.
Mr K.R.Kamath, who was an Executive Director at Bank of India, has been appointed as CMD of Allahabad Bank. Albert Tauro, former executive director of Central Bank of India has been appointed chairman and managing director (CMD) of Bangalore-based Vijaya Bank.
Andhra Bank has a new CMD Mr R.S. Reddy, who was an Executive Director in Union Bank of India. Mr George Joseph, who was an Executive Director at Syndicate Bank, has been elevated to CMD post in the same bank. Mr Joseph is likely to have a term of just about nine months as he is due to retire on April 30 next year.
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