In a significant development, the central government has approved the appointment of Nidhu Saxena as the Managing Director & Chief Executive Officer (MD & CEO) of the Bank of Maharashtra. This appointment will be effective for a period of three years starting from 27 March 2024.
Nidhu Saxena will take over the top leadership role at the Bank of Maharashtra from A.S. Rajeev, who has been selected as the Vigilance Commissioner in the Central Vigilance Commission. The appointment is subject to further orders and will remain in effect until the earlier of three years or until further instructions are issued.
Nidhu Saxena’s extensive banking experience and leadership skills are expected to contribute significantly to the growth and success of Bank of Maharashtra in the years to come.
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