Mrs. Vijayalakshmi R. Iyer & Shri Rajiv Kishore Dubey has taken charge as Executive Directors of Central Bank of India

Mumbai, September 02, 2010:

Mrs. Vijayalakshmi R. Iyer has taken charge as Executive Director of Central Bank of India, one of the largest Nationalised Banks of the country with effect from 1st Sept. 2010. Mrs. Iyer is a Post Graduate in Commerce with CAIIB.

Mrs. Iyer was General Manager, Union Bank of India holding charge of Credit Department. Prior to the same, she was handling Risk Management Department and Department of Information Technology. She has to her credit 34 years of service with 12 years of experience of Branch Banking, 15 years in Credit Department and the remaining 7 years in Risk Management Department/ Information Technology.

Shri Rajiv Kishore Dubey has taken charge as Executive Director of Central Bank of India, one of the largest Nationalised Banks of the country with effect from 1st Sept. 2010. Shri Dubey was General Manager of Punjab National Bank, holding charge of Marketing Division and is a regular invitee as guest speaker in various management institutions.

Shri Dubey is MBA and he joined as Probationary Officer in Punjab National Bank in 1977. He has been a field Banker throughout his life in various capacities of the Bank and has worked in different parts of the country.



Meanwhile, the state government in consultation with RBI will make necessary interim arrangements for the smooth functioning of the bank till the RBI appoints a successor. It would be ensured that there is complete continuity in the management of the affairs of the bank and growth and profitability will not be allowed to suffer. The bank has enough depth at the leadership level comprises of two executive directors and eight presidents who will continue to manage the bank.

Various stakeholders of the bank especially foreign institutional investors who have large holdings in the bank, should be rest assured that the bank will continue to record exemplary performance under the new leadership and there is no cause of any concern whatsoever.

(This is a press release from J&K Bank)