RBI appoints R Lakshmi Kanth Rao as Executive Director
Prior to being promoted as an ED, Rao was serving as a Chief General Manager-in-Charge in the Department of Regulation.
The Appointments Committee of the Cabinet (ACC) has appointed Binod Kumar as the Executive Director of Punjab National Bank with effect from 21st November 2022 for a period of three years.
Binod Kumar is a Graduate of Science from Ranchi University and holds Post Graduate Diploma in Banking & Finance from NIBM, a Financial Risk Manager (FRM) from GARP (USA), and a Certified Associate Member of the Indian Institute of Bankers (CAIIB).
Kumar started his banking journey at Punjab National Bank as Management Trainee in the year 1994 and has served the bank for the last 28 years. He has rich and diversified banking experience of over 28 years, ranging from Branch and Administrative Office to Risk Management, Credit, etc. He has also headed BO: DIFC as Chief Executive Officer and was previously heading the Corporate Credit Division, Head Office of Punjab National Bank as Chief General Manager
Advertisement
Kumar has also served as the Nominee Director on the Board of PNB Housing Finance Limited and ISARC (India SME Asset Reconstruction Company Limited).
He has a diploma in Treasury Investment & Risk Management, Banking & Finance from IIBF, and has also done Leadership Skill Development Program from IIM Bangalore.
Advertisement
