The government has approved extension of tenure of BOM MD and CEO A S Rajiv by six months till his superannuation.
Banking & Finance
The central government has approved the extension of the tenure of the managing directors of two public sector lenders - Bank of Maharashtra (BoM) and Central Bank of India. According to sources, the Appointments Committee of the Cabinet (ACC) has approved extension of tenure of BOM MD and CEO AS Rajiv by six months till his superannuation. Moreover, sources said, ACC has extended the tenure of MV Rao. MD & CEO, Central Bank of India, till July 31, 2025 Rajeev was appointed MD & CEO of BoM in 2018, while Rao took over as MD & CEO of Central Bank of India in 2021.
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