The Banks Board Bureau (BBB) has recommended A Manimekhalai for the position of managing director and chief executive (MD & CEO) of Union Bank of India. She is cuurenty Executive Director at Bengaluru-based Canara Bank.
Rajkiran Rai G, the incumbent MD & CEO of Union Bank, will complete his term by May end. The government had extended his term beyond June 30, 2020.
BBB said in a Twitter message that it has also recommended Ajay Kumar Srivastava's name as MD & CEO in Chennai-based Indian Overseas Bank and Swaroop Kumar Saha for post of MD & CEO in Delhi-based Punjab

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