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AIBOC requests govt to expedite appointments on banks' board

Press Trust of India  |  New Delhi 

All officers' Confederation (AIBOC) has requested the to appoint Officer Nominee Directors on the boards of various public sector banks urgently so that the board can discharge its duties efficiently.

"The matter being of utmost importance for the effective governance of the boards and to meet the requirement of Regulation Act had been included in our strike calls dated December 11 and in subsequent strike calls," AIBOC General Secretary Harvinder Singh said.



If more than a month is taken in getting the status of the issue, then that is not expected from the government, he said in a statement.

Expressing surprise on the inordinate delay in appointment, he said that instead of resolving the issue, which is related to governance of the banks, only status is being updated.

He wondered if the Department of Personnel & Training (DOPT) could take over a year for obtaining the approval of Appointments Committee of Cabinet.

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

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AIBOC requests govt to expedite appointments on banks' board

All India Bank officers' Confederation (AIBOC) has requested the government to appoint Officer Nominee Directors on the boards of various public sector banks urgently so that the board can discharge its duties efficiently. "The matter being of utmost importance for the effective governance of the bank boards and to meet the requirement of Banking Regulation Act had been included in our strike calls dated December 11 and in subsequent strike calls," AIBOC General Secretary Harvinder Singh said. If more than a month is taken in getting the status of the issue, then that is not expected from the government, he said in a statement. Expressing surprise on the inordinate delay in appointment, he said that instead of resolving the issue, which is related to governance of the banks, only status is being updated. He wondered if the Department of Personnel & Training (DOPT) could take over a year for obtaining the approval of Appointments Committee of Cabinet. All officers' Confederation (AIBOC) has requested the to appoint Officer Nominee Directors on the boards of various public sector banks urgently so that the board can discharge its duties efficiently.

"The matter being of utmost importance for the effective governance of the boards and to meet the requirement of Regulation Act had been included in our strike calls dated December 11 and in subsequent strike calls," AIBOC General Secretary Harvinder Singh said.

If more than a month is taken in getting the status of the issue, then that is not expected from the government, he said in a statement.

Expressing surprise on the inordinate delay in appointment, he said that instead of resolving the issue, which is related to governance of the banks, only status is being updated.

He wondered if the Department of Personnel & Training (DOPT) could take over a year for obtaining the approval of Appointments Committee of Cabinet.

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

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Business Standard
177 22

AIBOC requests govt to expedite appointments on banks' board

All officers' Confederation (AIBOC) has requested the to appoint Officer Nominee Directors on the boards of various public sector banks urgently so that the board can discharge its duties efficiently.

"The matter being of utmost importance for the effective governance of the boards and to meet the requirement of Regulation Act had been included in our strike calls dated December 11 and in subsequent strike calls," AIBOC General Secretary Harvinder Singh said.

If more than a month is taken in getting the status of the issue, then that is not expected from the government, he said in a statement.

Expressing surprise on the inordinate delay in appointment, he said that instead of resolving the issue, which is related to governance of the banks, only status is being updated.

He wondered if the Department of Personnel & Training (DOPT) could take over a year for obtaining the approval of Appointments Committee of Cabinet.

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

image
Business Standard
177 22

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