Banks Board Bureau recommends BoB's Sanjiv Chadha for the post of MD & CEO

The bureau has also suggested the names of L V Prabhakar and Atanu Kumar Das for Canara Bank Bank of India chiefs, respectively

The Banks Board Bureau (BBB) has recommended the name of Sanjiv Chadha for the post of Bank of Baroda Managing Director and Chief Executive (MD & CEO). At present, Chadha is the MD & CEO of SBI Capital Markets Ltd, the merchant and investment banking arm of State Bank of India. 

The name of L V Prabhakar, the executive director at Punjab National Bank since March 1, 2018, has been recommended for the post of MD & CEO at Bengaluru-based Canara Bank. Prabhakar holds a Master's degree in agriculture and is also a Certified Associate of the Indian Institute of Bankers (CAIIB). He has an experience of over 32 years.

BBB has also recommended the name of Bank of India Executive Director Atanu Kumar Das for the post of MD & CEO at the same bank.

The government of India will take a call on final postings and issue orders.

Separately, the names of A S Rajeev, MD & CEO of Bank of Maharashtra, and P R Sheshadri, MD & CEO of Karur Vyasa Bank, have also been kept in the reserve list by the BBB.