ADVERTISEMENT

B.P. Sharma named Banks Board Bureau Chairman

B.P. Sharma named Banks Board Bureau Chairman

Published
Hot News Text
1 min read
B.P. Sharma named Banks Board Bureau Chairman
New Delhi, April 12 (IANS) The government on Thursday appointed former Union Personnel Secretary Bhanu Pratap Sharma as Chairman of the Banks Board Bureau (BBB), replacing first chairman Vinod Rai on completion of the latter's two-year term.
According to an announcement by Financial Services Secretary Rajeev Kumar, the other newly-appointed members of the BBB are former MD Credit Suisse India Vedika Bhandarkar, former MD State Bank of India P. Pradeep Kumar and founder MD of rating agency Crisil Pradip P. Shah.
Tasked to improve the governance of public sector banks (PSBs), the Banks Board Bureau is an autonomous body that recommends selection of heads of government-owned banks and financial institutions and includes the Financial Services Secretary and Reserve Bank of India (RBI) Deputy Governor as members.
"Government renews commitment to not interfere in senior level appointments in PSBs," Kumar said in a tweet while making the announcement.
He said the recommendations made by the BBB so far include an human resources reforms agenda to be taken forward.
--IANS
bc/qd/mr

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.

Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.

The Quint is available on Telegram & WhatsApp too, click to join.

ADVERTISEMENT
ADVERTISEMENT
Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!
ADVERTISEMENT