Indian Bank new MD-cum-CEO Padmaja Chunduru takes charge

By: |
Chennai | Published: September 24, 2018 7:14:48 PM

Public sector Indian Bank Monday said Padmaja Chunduru has assumed charge as its managing director and CEO with immediate effect.

Indian Bank, Padmaja Chunduru, indian bank new ceo, narendra modiRecently, the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi had cleared the appointment of 10 MDs and CEOs of public sector banks.

Public sector Indian Bank Monday said Padmaja Chunduru has assumed charge as its managing director and CEO with immediate effect. Earlier, she served State Bank of India as its deputy managing director (global markets), Mumbai, a press release said here. Chunduru succeeds Kishor Kharat. Recently, the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi had cleared the appointment of 10 MDs and CEOs of public sector banks, including the appointment of Chunduru along with her colleague Mrutyunjay Mahapatra who has been appointed as MD and CEO of Syndicate Bank, the release said.

An alumnus of Andhra University, Chunduru joined the public sector State Bank of India as a probationary officer, it said. In her three-decade career, she had served in credit management, retail operations, digital banking, treasury and international operations, it added.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition