SYNDICATE BANK - Appointment of Director

Syndicate Bank has informed BSE that in exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of Clause 3 of the Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970/1980, the Central Government vide its notification dated January 15, 2016, has nominated Shri R. N. Dubey, as Director on the Board of Directors of the Bank, in place of Shri Hindupur Pradeep Rao with immediate effect and until further orders.