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B.P. Sharma named Banks Board Bureau Chairman

IANS  |  New Delhi 

The government on Thursday appointed former Union Personnel Bhanu Pratap as of the (BBB), replacing first Rai on completion of the latter's two-year term.

According to an announcement by Financial Services Rajeev Kumar, the other newly-appointed members of the BBB are former MD Vedika Bhandarkar, former MD State Bank of P. Pradeep Kumar and founder MD of rating agency

Tasked to improve the governance of (PSBs), the is an autonomous body that recommends selection of heads of and financial institutions and includes the Financial Services and Reserve Bank of (RBI) as members.

"Government renews commitment to not interfere in senior level appointments in PSBs," Kumar said in a tweet while making the announcement.

He said the recommendations made by the BBB so far include an human resources reforms agenda to be taken forward.



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

First Published: Thu, April 12 2018. 20:48 IST