Shri M V Tanksale takes over as new Chairman & Managing Director, Central Bank of India

MUMBAI, June 29, 2011:

Shri Mohan Vasant Tanksale has been appointed as Chairman & Managing Director, Central Bank of India with effect from June 29, 2011. Prior to his appointment as Chairman & Managing Director, Central Bank of India Shri Tanksale was the Executive Director, Punjab National Bank since March 2009. Shri Tanksale started his career as an officer in Union Bank of India at Gwalior in 1974.

Shri Tanksale, a seasoned Banker having rich experience in Banking is backed by professional credentials like Associate Member of Institute of Cost & Works Accountants of India (ICWA), Company Secretary (Inter) of the Institute of Company Secretaries of India, CAIIB, a Bachelor degree of Science and a Master degree in English literature.

A prudent Banker with a vision, Shri Tanksale has been instrumental in introducing many innovations in the Banking field especially in the area of e-banking products, new initiatives like insurance and mutual funds. He has been pioneer in setting up ‘Transaction Banking Division’, wherein on the strength of technology based platform, a wide array of products and services for the customers could be introduced. He is also having to his credit the exposure in Overseas Banking, Credit Monitoring and Risk Management.

(This is a press release from Central Bank of India)