Skip to main content

Rajneesh Karnatak Joins Bank Of India As Managing Director, CEO

Rajneesh Karnatak has joined the Bank of India as its managing director and chief executive officer, the lender has said.

Rajneesh Karnatak has an experience of over 29 years. Prior to this, he had been the chief general manager of Punjab National Bank until his appointment as executive director in Union Bank of India from October 21, 2021. He completed the Master of Commerce and is a certified associate from Indian Institute of Bankers (CAIIB).

During his banking career, he has headed critical divisions like large corporate credit branches and strategic verticals such as credit monitoring, digital banking and mid corporate credit as general manager in Oriental Bank of Commerce.

Post-amalgamation of Oriental Bank of Commerce into Punjab National Bank, he headed credit monitoring division and also the corporate credit division in PNB. He carries extensive exposure in project funding and working capital funding along with risk management with specific reference/special emphasis on credit risk.

Mr Karnatak has served as non-executive chairman of UBI Services, on behalf of Union Bank of India. He has also served as non-independent non-executive director on the Board of UBI (UK). He was a member of the governing board of the Indian Institute of Bank Management (IIBM) Guwahati.

He has served as nominee director on behalf of Punjab National Bank on the board of PNB Housing Finance, and India SME Asset Reconstruction Company. He also served as the board trustee on IIFCL Asset Management Co (IAMCL).

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



from NDTV Profit-Latest https://ift.tt/LxE8zu9
via
Labels:

Comments

Post a Comment

Popular posts from this blog

Beyond The Bronze Age: Exploring The Dawn Of The Crypto Era

Humanity has witnessed enormous technical advancements throughout history that have moved society ahead in remarkable ways. Each epoch, from the invention of agriculture through the Industrial Revolution, has offered new advances that have shaped the history of civilization. You are now standing at the dawn of the Crypto Era, on the verge of yet another transformational era. The bull run then and now But now, the term bull run or bull market is used to describe a situation in which the price of assets or securities, such as cryptocurrency or stocks, rapidly rises. A crypto bull run is similar to what happens in traditional markets. It often denotes the optimistic hopes of investors seeking to profit from the asset's price appreciation, with the goal of generating big returns on their initial investment. During a bull run, there is a general sense of optimism in the market and an expectation of big gains. In the context of the financial markets, the term bull run is metaphorical
Post a Comment
Read more

Beyond The Bronze Age: Exploring The Dawn Of The Crypto Era

Humanity has witnessed enormous technical advancements throughout history that have moved society ahead in remarkable ways. Each epoch, from the invention of agriculture through the Industrial Revolution, has offered new advances that have shaped the history of civilization. You are now standing at the dawn of the Crypto Era, on the verge of yet another transformational era. The bull run then and now But now, the term bull run or bull market is used to describe a situation in which the price of assets or securities, such as cryptocurrency or stocks, rapidly rises. A crypto bull run is similar to what happens in traditional markets. It often denotes the optimistic hopes of investors seeking to profit from the asset's price appreciation, with the goal of generating big returns on their initial investment. During a bull run, there is a general sense of optimism in the market and an expectation of big gains. In the context of the financial markets, the term bull run is metaphorical
Post a Comment
Read more