Tag: bank board bureau

Banks Board Bureau invites applications for post of Deputy MD in Exim Bank, BFSI News, ET BFSI

Banking & Finance

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The Banks Board Bureau (BBB) has invited applications for the position of Deputy Managing Director of Exim Bank of India (Exim Bank). The Bureau invites applications from qualified candidates for the post of Deputy Managing Director (DMD) of Exim Bank on a full-time basis, BBB said in an advertisement.

The candidate should not be more than 55 years of age as on September 8, 2021 with a postgraduate university degree preferably in Economics, Commerce, Business Administration of Finance or a degree with professional qualification of Chartered Accountancy, Cost Accountancy, Chartered Financial Analyst or equivalent.

“Any additional qualification with specialisation in the field of international trade/international finance will be considered desirable,” it added.

The candidate should have minimum 18 years of experience as of September 8, 2021 in different verticals in banks, financial institutions, public sector organisations including 2 years of operational experience preferably in international finance or export credit appraisal, as per the advertisement.

“The assignment shall be for a period of three years and may be extended by up to two years based on performance provided that no person shall hold the office of DMD, Exim Bank after attaining the age of 60 years. For All India Service officers/Central Services Group ‘A’ officers, extant guidelines on deputation tenure shall apply,” BBB said.

Final selection of the candidate will be done by the Banks Board Bureau, it added.

The last date for submitting the completed online application is October 20, 2021 by 5 pm.



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Bank Board Bureau recommends Atul Kumar Goel for PNB MD post, BFSI News, ET BFSI

Banking & Finance

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Banks Board Bureau (BBB) on Wednesday recommended Atul Kumar Goel for the post of Managing Director of Punjab National Bank.

Currently, Goel heads UCO Bank, which was removed from Prompt Corrective Action (PCA) restrictions. He will succeed SS Mallikarjuna Rao, who was recently given an extension till January 2022.

BBB interviewed 11 candidates for the post of MD and CEO of PNB – the country’s second-largest public sector lender. BBB is headed by former secretary of the Department of Personnel and Training BP Sharma.

“Keeping in view their performance at the interface, their overall experience and the extant parameters, the Bureau recommends Atul Kumar Goel for the position of MD and CEO of PNB,” BBB said in a statement.

The incoming managing director and chief executive will hold office for a term of three years from the date of entering office.

The name of the selected candidate would go for final approval to the Appointments Committee of Cabinet (ACC), headed by the Prime Minister.

The secretary of the Department of Financial Services, secretary of Department of Public Enterprises and the RBI deputy governor in charge of banking are part of BBB.

In 2016, the government approved the constitution of BBB as a body of eminent professionals and officials to make recommendations for the appointment of whole-time directors as well as non-executive chairpersons of PSBs and state-owned financial institutions.



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