Millennium Post

Interviews for CEO posts at 5 PSU Banks begin today

In a first for state-owned banks, candidates from private sector banks have been shortlisted for interviews, for the post of CEO and MD at five large banks, beginning on Monday. As many as 26 candidates, including executives from private sector banks, are to appear for the interviews on June 15 and 16, sources said. Among the candidates, about 7 are existing executive directors at various public sector banks. This is the first time when executives from private sector banks would be part of the selection process for top jobs in public sector banks including PNB, BOB and Canara Bank.

Each candidate will have to go through three sub-committees or screening committees of two members each. Members of the screening committees are Department of Financial Services Secretary, Additional Secretary and <g data-gr-id="17">a RBI</g> Deputy Governor. Besides, the sub-committees have three outside experts. These experts <g data-gr-id="15">are,</g> former Managing Director of State Bank of India (SBI) S Viswanathan, IIM Indore Director <g data-gr-id="13">Rishikesha</g> T Krishnan, and former Chairperson and Managing Director of Allahabad Bank S Panse. The final selection of candidates would be made by the appointment board chaired by the RBI Governor. 
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