Mr Tilak Raj Chawla takes over as Executive Director of Allahabad Bank. He would be succeeding Mr. D Sarkar. Mr Chawla is an MBA in Finance and started his career with Punjab National Bank in 1977. He has been associated with Dena Bank as Assistant General Manager, General Manager and Chief General Manager.
Union Bank of India:
Mr D. Sarkar would join Union Bank of India as the Chairman and Managing Director. His appointment would be effective 1st April 2012.
Mr Deepak Narang takes over as Executive Director of United Bank of India effective 1st March 2012.
He worked as General Manager- Recovery and General Manager-Credit at Allahabad Bank before he assumed the charge of Executive Director at United Bank of India. Mr Narang started his career as Management Trainee (JMGS, Scale-I) with Allahabad Bank in 1978. During his long career in Allahabad Bank, he diligently worked in various capacities in Branches and Regions. He headed five key Zonal/Regional Office namely Ludhiana, Chandigarh, Ahmedabad, New Delhi & Mumbai before he was finally elevated to the post of General Manager on 28 th Apr, 2006.