Asheesh Pandey and Kalyan Kumar were recommended for the post of Managing Director of Union Bank of India (UBI) and Central Bank of India, respectively, by Financial Services Institutions Bureau (FSIB) on Friday.
Senior banker Pandey, who is currently executive director (ED) in Pune-based Bank of Maharashtra, will replace A Manimekhalai, who would complete three-year tenure at Union Bank of India next month.
A Manimekhalai has not been given an extension amid row over ordering 2,00,000 copies of KV Subramanian's book.
Meanwhile, Kalyan Kumar, who is serving as ED in Delhi-headquartered Punjab National Bank, will succeed M V Rao as MD of Central Bank of India after his superannuation in July, PTI reported.
Declaring the result of the selection process, the FSIB -- the headhunter for directors of state-owned banks and financial institutions -- in a statement said the bureau interviewed 23 candidates from May 27-30.
Keeping in view their performance during the interview, their overall experience and the extant parameters, the bureau recommended Asheesh Pandey for the position of MD & CEO in Union Bank of India and Kalyan Kumar for MD and CEO of Central Bank of India, FSIB said.
FSIB is currently headed by former Department of Personnel and Training Secretary Bhanu Pratap Sharma. Other members of the headhunter are Animesh Chauhan, former chairman and MD of erstwhile Oriental Bank of Commerce, the Reserve Bank's former executive director Deepak Singhal, and Shailendra Bhandari, ex-MD of erstwhile ING Vysya Bank.
The final decision on the FSIB recommendations will be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi.
(With inputs from PTI)
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