12 EDs invited for interviews to select 4 PSB heads

Having appointed managing directors and CEOs of five large public sector banks last month, the government has now invited 12 executive directors of state-run banks to fill the posts of heads in four smaller banks -- Corporation Bank, Andhra Bank, Indian Bank, UCO Bank -- for interviews on September 16.
Corporation Bank chairman and managing director S R Bansal is retiring next January, while the other three banks are already headless.
"Around 12 executive directors have been called for interviews," sources told PTI.
The executive directors called for interviews in New Delhi on September 16 are -- S K Kalra (Andhra Bank), R K Gupta (Bank of Maharashtra), R K Takkar and Trishna Guha (Dena Bank), B K Divakara (Central Bank), M K Jain (Indian Bank), S N Patel (Oriental Bank of Commerce), Mukesh Jain (Punjab & Sind Bank), Ram S Sangapure and B Rao (PNB), J K Garg (UCO Bank) and B S Ramarao (Vijaya Bank).

Indian Bank is headless since its chairman and managing director T M Bhasin was appointed as a Commissioner in the Central Vigilance Commission in June.
Similarly, Andhra Bank is headless after superannuation of CVR Rajendran in August who had served the bank as its chairman and managing director.

UCO Bank chairman and managing director Arun Kaul had also retired on August 31.
After appointing MDs and CEOs at five large banks -- Bank of Baroda, Punjab National Bank, Bank of India, Canara Bank and IDBI Bank -- the government had last month issued norms for selection of MDs and CEOs in the remaining 17 state-run banks.

As per the guidelines, the selection to the top job in state-run banks would be from the existing pool of executive directors (EDs) or deputy managing directors (DMDs) with a remaining service period of two years.