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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.
He also served as a nominee director on behalf of Punjab National Bank on the board of PNB Housing Finance Ltd. and India SME Asset Reconstruction Company Limited. He also served as a board trustee on the governing board of IIFCL Asset Management Co (IAMCL). [1] In 2023, Karnatak was appointed MD and CEO of Bank of India. [1]
He joined Punjab National Bank on 1 March 2018 as the executive director. [5] He became the Managing Director and CEO of Canara Bank from 1 February 2020 and continued to hold his position till 31 December 2022.
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 .
On 20 November 2020, Union Bank of India's MD and CEO Rajkiran Rai was elected as the new Chairman of IBA. Dinesh Khara, Chairman of State Bank of India; Madhav Nair, Country Head and CEO of Mashreq Bank; and S. S. Mallikarjuna Rao, MD and CEO of Punjab National Bank, were elected as deputy chairmen.
Subramaniakumar started his career with Punjab National Bank and lead the Business Transformation. He was the executive director at Indian Bank. He was the executive director and also the MD and CEO of Indian Overseas Bank. He was an administrator at Dewan Housing Financial Corporation.
The new disclosure is the latest twist in a two-week-long saga roiling one of the country's top 30 banks. NYCB's stock began falling on Jan. 31 when it surprised analysts by slashing its dividend ...
Prior to joining Bhartiya Mahila Bank, Ananthasubramanian worked at Punjab National Bank. She served as MD of Punjab National Bank between August 2015 and May 2017. Prior to that, she served as CEO of Allahabad Bank. [5] Ananthasubramanian was ranked the 19th Most Powerful Woman in business by Fortune India [6] First women CHAIRMAN of IBA