The Indian Banks’ Affiliation (IBA) on Thursday elected UCO Financial institution Managing Director A Okay Goel as its chairman. Goel replaces Union Financial institution Managing Director and CEO Rajkiran Rai G as head of the banking sector affiliation. The managing committee at its assembly held on October 14 elected new chairman and different workplace bearers for 2021-22, IBA mentioned in a press release.
Goel has been advisable for the submit of the managing director of Punjab Nationwide Financial institution (PNB) by the Banks Board Bureau, final month.
He would assume cost of PNB after clearance from the Appointments Committee of the Cupboard (ACC) headed by the Prime Minister. The Affiliation elected SBI Chairman Dinesh Kumar Khara, Canara Financial institution MD L V Prabhakar and IDBI Financial institution MD Rakesh Sharma as deputy chairmen, it mentioned.
Madhav Nair, nation head of Mashreqbank PSC, was elected as honary secretary, it mentioned.