Ananthasubramanian takes over as Punjab National Bank MD & CEO

Usha Ananthasubramanian has on Friday taken over charge as Managing Director and Chief Executive Officer of Punjab National Bank from Gauri Shankar, Executive Director holding additional charge as MD & CEO. A notification to this effect was issued on Friday by <g data-gr-id="24">department</g>  of financial services, <g data-gr-id="25">ministry</g> of finance.  Prior to this, she was chairperson and managing director of Bhartiya Mahila Bank (BMB) since inception.  

Earlier she had also been executive director at PNB for more than two years, till <g data-gr-id="21">November,</g> 2013. At PNB, as executive director she meaningfully contributed in the growth of the bank. She was also part of the committee formed for examination of the <g data-gr-id="19">blue print</g> and other related tasks for setting up of the first <g data-gr-id="18">women focused</g> bank.  She was the head of the core management team constituted by <g data-gr-id="20">finance</g> ministry, for coordinating the process of establishment of BMB. 

She started her career with LIC and has worked in various positions in the banking and allied areas. She joined the banking industry in February 1982 as a specialist officer in the Planning Stream of Bank of Baroda and rose to the rank of General Manager.  

She holds a Masters degree in Statistics from the University of Madras and a Masters degree in Ancient Indian Culture from the University of Mumbai.