Appointment of New MD & CEOs for PNB and Indian Bank in 2025
| Key Points | Details |
|---|---|
| Why in News | Ashok Chandra appointed as MD & CEO of Punjab National Bank, and Binod Kumar as MD & CEO of Indian Bank. |
| PNB New MD & CEO | Ashok Chandra (succeeding Atul Kumar Goel); tenure: 3 years. |
| Indian Bank New MD & CEO | Binod Kumar (succeeding S.L. Jain); tenure: 3 years, extendable by 2 years upon review. |
| Ashok Chandra's Background | Former Executive Director at Canara Bank; expertise in digital banking, IT, MSME, and strategy. |
| Binod Kumar's Background | Former Executive Director at PNB; served as Zonal Manager, Corporate Credit Head, and CEO of PNB Dubai Operations. |
| Previous PNB MD & CEO | Atul Kumar Goel (retired on December 31, 2024). |
| Previous Indian Bank MD & CEO | S.L. Jain (retired on December 31, 2024). |
| PNB Headquarters | New Delhi, India |
| Indian Bank Headquarters | Chennai, Tamil Nadu |
| PNB Tagline | "The Name You Can Bank Upon" |