M V Rao Elected as New Chairman of Indian Banks Association

Indian Banks Association (IBA) has chosen MV Raois the Managing Director and Chief Executive Officer of Central Bank of Indiabecause it’s new chairman, This decision was taken in the Managing Committee meeting of IBA held on Thursday.

elected vice president

The committee also elected the following three persons vice presidents Banking lobby groups:

  1. Dinesh Kumar KharaPresident of State Bank of India (SBI)
  2. SL JainManaging Director and Chief Executive of Indian Bank
  3. N KamakodyManaging Director and Chief Executive of City Union Bank

appointed honorary secretary

Madhav Nairhead of state and chief executive of Bank of Bahrain and Kuwaitwas unanimously elected Honorary Secretary Of IBA.

Madhav Nair’s role

Madhav Nair, who previously held this post Deputy ChairmanMember of the Management Committee since 2016. He has done policy advocacy in areas such as technology, risk managementAnd Environmental, Social and Governance (ESG) Factor.

About Indian Banks Association (IBA)

IBA is a representative body Indian BankInclusive public area, private sector, Foreign, CooperativeAnd Regional Rural Bank, It plays an important role in shaping banking policies and promoting best practices in the Indian banking industry.

The election of the new leadership team at IBA is expected to provide new momentum and direction to the efforts of the Association in addressing the challenges and opportunities facing the banking sector in India.

MV Rao elected as new Chairman of Indian Banks Association_40.1

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