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AIBOC asks govt to expedite appointments on PSB boards

Press Trust of India  |  New Delhi 

A officers' union has asked the to urgently appoint officer and workmen nominee directors on the boards of public sector banks.

"Despite our best and continuous efforts the is silent on the issue (of appointment of officers and workmen directors) even when Regulation Act mandates for it," All officers' Confederation (AIBOC) said in a statement.

The union asked the to respect the of the land and clear the appointment of officer and employee directors which is pending with the Prime Minister's Office for several months.

Since, the government has not filled the vacancy for long, former employee or union members are forced to take the route of of shareholder director process to enter the board, it said.

Citing an example, it said, at the request of All State Officers Federation (AISBOF), Amarpal who was the former president of the federation, former Director to the Central Board (SBI) and former General Secretary of AIBOC filed nomination for director position.

The confederation took it a challenge and at a very short notice went all out to contact shareholders from all walks of life, AIBOC General Secretary D T Franco said in the statement.

The polling took place on June 15, he said. "We are given to understand that Amarpal polled more than 6 lakh votes in the election," he claimed.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, June 18 2017. 12:42 IST