Finance Ministry makes 4 CEO-level appointments at public sector banks

The Finance Ministry has appointed new chief executives in four public sector banks.

Mahesh Kumar Jain, currently executive director at Indian Bank, has been elevated as Managing Director & CEO of the bank. He has been appointed for a period of three years.

The Finance Ministry has also appointed Suresh N Patel as Managing Director & Chief Executive Officer (CEO) of Andhra Bank. Prior to this appointment, Patel was an executive director at Oriental Bank of Commerce (OBC).

Ravi Krishan Takkar, who was executive director at Dena Bank, has now been appointed as Managing Director & CEO of UCO Bank for a period of three years.

The Finance Ministry has also appointed Jai Kumar Garg, Executive Director at UCO Bank, as MD & CEO of Corporation Bank. Garg will assume charge on or after February 1 next year.