Govt appoints Mallikarjuna Rao as MD and CEO of PNB
New Delhi, Oct 1: Ch S S Mallikarjuna Rao was on Tuesday appointed the Managing Director and Chief Executive Officer of Punjab National Bank, an official order said.
Rao, 57, currently the Managing Director and Chief Executive Officer of Allahabad Bank, has been appointed to the new post up to September 18, 2021.
"The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for posting of Ch. S. S. Mallikarjuna Rao, Managing Director and Chief Executive Officer in Allahabad Bank as Managing Director and Chief Executive Officer in Punjab National Bank, with effect from the date of assumption of office, till 18.09.2021 or until further orders, whichever is earlier," the order said.
The government in August merged United Bank of India and Oriental Bank of Commerce with Punjab National Bank, making the proposed entity the second largest public sector bank (PSB).
In a separate appointment, the ACC approved the appointment of Pradipta Kumar Bisoi, a 1985-batch Indian postal service officer to the post of Secretary, Department of Posts, in place of Ananta Narayan Nanda upon his superannuation on October 31.
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Accept Congress decision appointing V D Satheesan as Kerala CM: K C Venugopal
Thiruvananthapuram/New Delhi (PTI): Congress general secretary (organisation) K C Venugopal on Thursday accepted the party decision to select V D Satheesan as the chief minister of Kerala and congratulated him.
Speaking to reporters in New Delhi, Venugopal, who was one of the three persons being considered for the post, said he will provide all support to the CM and the UDF government in Kerala.
The decision comes more than 10 days after the results of the April Assembly polls in Kerala were declared.
The Congress-led UDF secured a more than two-thirds majority in the Kerala Assembly elections, but the party has been unable to decide its chief ministerial face due to lobbying by different camps and protests by workers at the ground level.
Besides, Satheesan and Venugopal, senior Congress leader Ramesh Chennithala was also in the race for the CM post.
