Punjab National Bank, a state-owned commercial bank in India, announced it has appointed Anil Kumar Misra as Director to the company’s Board of Directors.
According to the bank’s exchange filing, “The Exchange is hereby informed that Shri Anil Kumar Misra has been appointed as a Director of the Bank under Section 9(3)(c) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, in terms of Department of Financial Services, Ministry of Finance, Government of India notification eF.No. 6/3/2011-B0.1 dated 25.02.2022 until further orders, vice Shri Vivek Aggarwal (who ceased to be a director on the Board of the Bank upon such appointment post business hours on 25.02.2022).”
Punjab National Bank (PNB) is an Indian nationalised bank. Headquartered at New Delhi, India, it is under the ownership of the Ministry of Finance, government of India.