SS Mallikarjuna Rao appointed MD and CEO of Punjab National Bank

SS Mallikarjuna Rao was appointed as the Managing Director(MD)and Chief Executive of the Punjab National Bank(PNB). He is currently serving as chief executive of the Allahabad Bank. He will replace Sunil Mehta of PNB.

Static/Current Takeaways Important For IBPS RRB Main 2019:

  • Headquarters of PNB: New Delhi;  Founded: 19 May 1894.
  • Founder: Dyal Singh Majithia and Lala Lajpat Rai.

Source: The Economic Times

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