CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank appointed Melwyn Rego as CEO and Managing Director recently?
A
Dena Bank
B
Federal bank
C
Syndicate Bank
D
Canara Bank
Explanation: 

Detailed explanation-1: -Melwyn Rego today took over as Managing Director and Chief Executive Officer of Bank of India (BoI), the State-run lender said.

Detailed explanation-2: -Detailed Solution. The correct answer is Rakesh Sharma. IDBI Bank’s board has approved the re-appointment of Rakesh Sharma as Managing Director and Chief Executive Officer of the company for a period of 3 years with effect from 19 March 2022. He started his banking career in the State Bank of India (SBI).

Detailed explanation-3: -The final decision on the FSIB recommendation would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi. The Bureau in November 2022 suggested the name of K Satyanarayana Raju for the position of MD and CEO of Canara Bank. Raju is currently Executive Director with the bank.

There is 1 question to complete.