Question

The Financial Services Institutions Bureau (FSIB) has recommended Ashok Chandra as the next Managing Director and CEO of which bank in October 2024?

• A. Canara Bank
• B. Punjab National Bank
• C. State Bank of India
• D. Bank of Baroda

Answer 1

Answer:

B. Punjab National Bank

The Financial Services Institutions Bureau (FSIB) has recommended the name of Ashok Chandra for the post of Managing Director (MD) and Chief Executive Officer (CEO) of Punjab National Bank. FSIB has recommended Ashok Chandra, currently Executive Director of Canara Bank, for the role of MD & CEO of Punjab National Bank, succeeding Atul Kumar Goel in December. Chandra, with a Masters in Economics, began his banking career in 1991 and was chosen from 16 candidates based on performance and experience. The final appointment decision awaits the Appointments Committee of the Cabinet.