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In 2016, he joined Union bank as an executive director after which in 2018 he was appointed as the MD of UCO Bank. In 2021, he joined Punjab National Bank as the Managing Director and Chief Executive Officer. He is also the Chairman of the Indian Bank's Association (IBA). He is a Director on the Board of The New India Assurance Co. Ltd.
Punjab National Bank (abbreviated as PNB) is an Indian government bank based in New Delhi. [5] It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs .
Prabhakar started his career as Chief Risk Officer and GM-Integrated Risk management at Allahabad Bank.He joined Punjab National Bank on 1 March 2018 as the executive director. [5]
RBI revealed that PNB, had not responded to the said caution advice until February 2018, when the fraud came to light. Ananthasubramanian was the MD of PNB when the caution advice was issued. On 20 August 2018, Usha Ananthasubramanian was granted bail on a surety bond of Rs 1 lakhs by Special CBI court in Mumbai.
He was the executive director and also the MD and CEO of Indian Overseas Bank. He was an administrator at Dewan Housing Financial Corporation. He also was an Independent Director of the UC Pension Fund Limited. On 24 June 22, he joined Ratnakar Bank Limited as the managing director and chief executive officer. [5] [6]
The proposed merger would make PNB the second largest public sector bank in the country with assets of ₹ 17.95 lakh crore (US$210 billion) and 11,437 branches. [11] [12] MD and CEO of UBI, Ashok Kumar Pradhan, stated that the merged entity would begin functioning from 1 April 2020. [13] [14] The Union Cabinet approved the merger on 4 March ...
Rajneesh Karnatak (born 14 July, 1970) is an Indian career banker who serves as the managing director and chief executive officer (CEO) of Bank of India, [1] a public sector bank in India. [ 2 ] [ 3 ] He was appointed to this position by the government of India in 2023.
Jain started his career in 1993 by joining Allahabad Bank and became the General Manager of the Bank .As the General Manager, he served as Chief Financial Officer, Chief Risk Officer and lead the IT department of the Bank.