CURRENT AFFAIRS

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Karnam Sekar was appointed as the new Managing Director (MD)and Chief Executive Officer(CEO) of which of the following Bank?

A	Bank of Baroda
B	Punjab National Bank
C	Indian Overseas Bank
D	Axis Bank

Explanation:

Detailed explanation-1: -Sekar has had a career spanning over 40 years. In his earlier stints, he was the MD and CEO of Dena Bank and Indian Overseas Bank. He has played the role of managing director and chief credit officer at SBI, where he worked for over three decades.

Detailed explanation-2: -The Bureau has recommended the name of Debadatta Chand for the position of MD & CEO in Bank of Baroda and Rajneesh Karnatak for MD & CEO in Bank of India, FSIB said in a statement. The selection was done by the BBB based on interviews held on Saturday.

Detailed explanation-3: -Shri Ajay Kumar Srivastava has been elevated as Managing Director and CEO of Indian Overseas Bank with effect from 1st January 2023 from his current posting as Executive Director since 9th October 2017.

Detailed explanation-4: -TCA Ranganathan - Non Executive Chairman - INDIAN OVERSEAS BANK | LinkedIn.

There is 1 question to complete.