MR.A.K.GOEL,MD.UCO BANK, ELECTED AS CHAIRMAN OF IBA .2021-22

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Oct 14, 2021, 12:11:17 PM10/14/21

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FOR INFORMATION:

The Indian Banks' Association (IBA) on Thursday elected UCO Bank Managing Director A K Goel as its chairman.

Goel is currently heading UCO Bank as its MD & CEO. The government had extended his tenure for two years till November 1, 2023. His term was originally scheduled to end on November 1, 2021.

Last month, Banks Board Bureau recommended Goel for the managing director and chief executive officer position of Punjab National Bank, after interviewing 11 candidates.

Goel replaces Union Bank Managing Director and CEO Rajkiran Rai G as head of the banking sector association.

The managing committee at its meeting held on October 14 elected new chairman and other office bearers for 2021-22, IBA said in a statement.

IBA also elected Dinesh Kumar Khara, chairman of State Bank of India, L V Prabhakar, MD & CEO of Canara Bank, and Rakesh Sharma, MD & CEO of IDBI Bank Ltd as Deputy Chairmen, and Madhav Nair, country head & CEO of Mashreqbank PSC, as Secretary.

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