With effect from 14 August 2015
Vijaya Bank announced that the Govt. of India vide its notification dated 14 August 2015 has appointed Gopalakrishnan Narayanan as Part Time Non-official director as well as Non-Executive Chairman of the Bank under Clause (h) of Sub Section (3) of Section 9 of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 & clause 5 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme 1970/1980 for a period of three years from the date of notification of his appointment or until his attaining the age of 70 years, or until further orders, whichever is earliest. Further the appointment is subject to outcome of Writ Petition (c) No.445 of 2015 in the Supreme Court in the matter of All India Bank Officers' Confederation Vs Union of India & others.Powered by Capital Market - Live News
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