Govt begins search for 8 public sector bank chiefs

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....ovt begins search for 8 public sector bank chiefs <br>News and Press Release<br>Dated:- 5-12-2010<br><BR>New Delhi, Dec 5 (PTI) The government has begun the process for selecting chiefs of at least ei....

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....ght public sector banks, including the country's biggest lender SBI, where top position would fall vacant in the next fiscal. Kicking off a process that might take at least 4-5 months, the Finance Mi....

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....nistry has commenced collecting personal background records and profiles of all the executive directors currently working with various PSBs (public sector banks), sources said. The CMDs (Chairman and....

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.... Managing Directors) would be mostly selected from a pool that have been created of all the executive directors at PSBs, they said, adding that in some cases chief of a particular bank might be transf....

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....erred to another bank. The pool was created about a year ago to expedite the process of selecting bank chiefs well in time before the retirement of the incumbent CMDs, sources said.<BR> News - Press ....

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....release - PIB....