Atul Kumar Goel Appointed as New Chief Executive of Indian Banks' Association (IBA)
| Section | Details |
|---|---|
| Why in News? | Atul Kumar Goel has been appointed as the new Chief Executive (CE) of the Indian Banks' Association (IBA). |
| Who is Atul Kumar Goel? | A qualified Chartered Accountant with over 30 years of experience in the banking sector, having served in leadership roles at major public sector banks. |
| Previous Roles | - Punjab National Bank (PNB): MD & CEO (Feb 2022 - Dec 2024) - UCO Bank: MD & CEO - Union Bank of India: Executive Director - Allahabad Bank (now Indian Bank): Various leadership roles |
| Experience in IBA | - Served as Chairman of IBA for two consecutive terms (2021-22 and 2022-23). - Contributed to policy formulation and banking reforms. |
| Predecessor | Sunil Mehta (IBA CE from Jan 2020 - Sep 2024), who was also a former MD & CEO of PNB (2017-19). |
| Key Responsibilities of IBA | - Policy advocacy with the RBI and Government of India. - Promoting banking reforms and financial stability. - Enhancing digital banking and cybersecurity. - Strengthening coordination among banks. |