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Tag: Md

Yes Bank shortlists candidates for posts of MD & CEO

Mumbai: Yes Bank will submit names of the potential candidates for its Managing Director and Chief Executive post to the Reserve Bank of India (RBI) on Thursday. The bank in a regulatory filing after its Board meeting on Wednesday said that it has finalised the names which it will disclose only after RBI’s approval. According […]

Sandeep Bakhshi named new MD & CEO of ICICI Bank

New Delhi: Sandeep Bakhshi, the former head of ICICI’s life insurance arm, was appointed as Managing Director and CEO of ICICI Bank after Chanda Kochhar, who was mired in allegations of quid pro quo and conflict of interest, on Thursday resigned as from the top post of the bank. Kochhar, 57, whose second five-year term […]

Chanda Kochhar steps down as MD & CEO of ICICI bank

New Delhi: Chanda Kochhar has stepped down from the post of MD and CEO of ICICI bank after the board of directors of the private bank on Thursday accepted the former’s request to seek early retirement from the post. According to a report by The Economic Times, the bank confirmed accepting Kochhar’s resignation with immediate effect […]

Seashore scam: Top OAS officer arrested by CBI

Bhubaneswar: A senior OAS officer was on Tuesday arrested by CBI in connection with Seashore chit fund scam. Soon after the arrest, accused officer Pradeep Kumar Hota was admitted to SCB Medical College and Hospital in Cuttack as he was unwell. Hota had allegedly extended undue favours to the ponzi firm during his tenure as […]

Daniel Mazon appointed VC, MD of Philips India

New Delhi: Philips on Thursday said it has appointed Daniel Mazon as Vice Chairman (VC) and Managing Director (MD) for the Indian subcontinent with effect from October 3. The company said Mazon has taken over from V. Raja, who retired on September 30. “In his new role, Daniel will be responsible for driving the overall […]

Rajiv Sabharwal to become Tata Capital's new CEO and MD

Mumbai: Financial services provider Tata Capital on Thursday announced the appointment of banking industry veteran Rajiv Sabharwal as its CEO and Managing Director-designate. According to the company, Sabharwal will join Tata Capital from January 2018 and would take over from the firm’s current Managing Director and CEO Praveen P. Kadle. Subsequently, Kadle will assume other […]

IAS officer Partha Sarathi Mishra in Vigilance net

Cuttack: The Vigilance sleuths today seized cash worth Rs 2,14,750 from the official vehicle of IAS officer and Managing Director of Odisha Small Industries Corporation (OSIC) Partha Sarathi Mishra. The anti-corruption officials later conducted simultaneous raid on the government quarters of Mishra, his office in Cuttack and his residence. Talking to media persons, Mishra said […]