Punjab & Sind - Appointment of Chairman and Managing Director
Punjab & Sind Bank has informed BSE that the Govt. of India, Ministry of Finance, Department of Financial Services, vide Notification dated October 31, 2011, has in exercise of the powers conferred by Clause (a) of Sub-section (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with Sub-clause (1) of Clause 3, Clause 5, Clause 6, Clause 7 and Sub-clause (1) of Clause 8 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, after consultation with the Reserve Bank of India, has appointed Mr. Devinder Pal Singh, I.A.S. as the Chairman and Managing Director of Punjab & Sind Bank.
Mr. Devinder Pal Singh, I.A.S. has joined the Bank on November 04, 2011.