New CEO for Syndicate bank

Melwyn Rego, former chairman of the Bank of India, has been appointed as Managing Director and Chief Executive Officer of the Manipal-based Syndicate Bank.

Rego assumed charge on July 1, a bank press release here said.

He had earlier served as deputy managing director of IDBI Bank, CEO of IDBI Homefinance and as its Head- International Banking Division spearheading the overseas initiatives of IDBI, it added.