Bank of Maharashtra, Central Bank of India MDs get govt nod for tenure extension

According to sources, Appointments Committee of the Cabinet (ACC) has approved extension of term of office of A S Rajeev, MD and CEO of BoM, for six months till his superannuation.

ALSO READ: Bank of Maharashtra Q2 Results: Net profit surges 72% on year to ₹919.8 crore

Besides, sources said, ACC has extended the term of M V Rao, MD and CEO of Central Bank of India, till July 31, 2025.

Rajeev was appointed MD and CEO of BoM in 2018 while Rao took charge as MD and CEO of Central Bank of India in 2021.

Milestone Alert!Livemint tops charts as the fastest growing news website in the world ???? Click here to know more.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Updated: 05 Nov 2023, 09:14 PM IST