Categories: Banking

ACC approves extension of Bank Board Bureau members’ tenure by 2 years

The Appointments Committee of the Cabinet (ACC) has approved the extension of tenure of all members and the current part-time chairman of the Bank Board Bureau(BBB) by 2 years, which is coming to an end on April 11,2020. The former Secretary in the Department of Personnel and Training, Bhanu Pratap Sharma, will continue to hold the post of part-time member of the board.

Click Here To Get Test Series For SBI PO 2020

Other part-time members of the board:

  • Vedika Bhandarkar, former MD (managing director) of Credit Suisse;
  • P Pradeep Kumar, former MD of State Bank of India (SBI)
  • Pradip P Shah, founder MD of rating agency CRISIL.

Important takeaways for all competitive exams:

  • Headquarters of Banks Board Bureau: Mumbai, Maharashtra.
  • In February 2016, the government formed the Banks Board Bureau and was given the responsibility of deciding candidates for the top positions in public sector banks and financial institutions.

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Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

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