The Government of India on Thursday named former bureaucrat Bhanu Pratap Sharma as the new chairman of the Banks Board Bureau that typically recommends senior executive appointments in the country's state-run banks.
Vedika Bhandarkar, a former head of India investment banking at Credit Suisse, P Pradeep Kumar, a former managing director at top lender State Bank of India, and Pradip Shah who founded local ratings agency CRISIL, were named as the new members of the Banks of Board Bureau.
Rajeev Kumar, Secretary, Department of Financial Services, announced the names of the new chairman and members of the bureau on Twitter.
Govt renews commitment to not interfere in Sr level appointments in PSBs. Appoints new BBB with professionals with diverse expertise to select top management in PSBs. BBB Recommendations made so far incl HR reforms agenda to be taken forward. @PMOIndia @FinMinIndia @PIB_INDIA pic.twitter.com/d4qSRaOblM— Rajeev kumar (@rajeevkumr) April 12, 2018
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