SYNDICATE BANK - Appointment of Managing Director and Chief Executive Officer

Syndicate Bank has informed BSE that in exercise of the powers conferred by clause (a) 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 and sub-clause (1) of Clause 8 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government has, on May 15, 2015, appointed Shri. Arun Shrivastava, Executive Director, Bank of India as Managing Director and Chief Executive Officer of the Bank from the date of his taking over charge of the post and upto the age of superannuation or until further orders, whichever is earlier.<BR><BR>Shri. Arun Shrivastava assumed charge on May 15, 2015.