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Sunday, 2 July 2017

Union Bank of India and Syndicate Bank get new Chiefs


Rajkiran Rai G has been assumed charge as Managing Director & CEO of Union Bank of India. Prior to his elevation as MD & CEO of Union Bank of India, Rai was Executive Director of Oriental Bank of Commerce. He started his career in 1986 as an Agricultural Finance Officer in Central Bank of India. Rai has been appointed by the government to head Union Bank of India for a period of three years from the date of his taking over charge of the post or until further orders, whichever is earlier, according to a finance ministry notification.

Melwyn Rego has been assumed charge as Managing Director & CEO of Syndicate Bank. Prior to joining Syndicate Bank, Rego was MD & CEO of Bank of India. He started his career with IDBI Bank Ltd in 1984 and rose to the position of Deputy Managing Director. Rego will be at the helm of the bank till the remainder of the term up to August 13, 2018, according to a finance ministry notification.

Important Takeaways from above News-
  • Headquarters of Union Bank of India is in Mumbai.
  • The Tagline of Union Bank of India is "good people to bank with".
  • Headquarters of Syndicate Bank of India is in Manipal, Karnataka.
Source- The Hindu Business Line



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