Punjab & Sind Bank Limited, an Indian nationalised bank, announced that its MD & CEO S Krishnan to retire from the role, with effect from May 31, 2022.
According to the bank’s exchange filing, “In terms of Government of India, Ministry of Finance, Department of Financial Services Notification no. F.No.4/2/2018-BO.I dated 03.09.2020, Shri S Krishnan was appointed as Managing Director & Chief Executive Officer of Punjab & Sind Bank from the date of assumption of office till the date of his superannuation, i.e. 31.05.2022 or until further orders, whichever is earlier. It is now informed that Shri S Krishnan has retired upon his superannuation on 31.05.2022.”
S Krishnan, a post graduate in Commerce (M.Com) and qualified Cost Accountant (ICMA), took charge as Managing Director & Chief Executive Officer (MD & CEO) of Punjab & Sind Bank on 4th September, 2020.
Prior to joining Punjab & Sind Bank as MD & CEO, Krishnan was Executive Director of Syndicate Bank and Canara Bank. He started his carrier in Indian Bank in January, 1983. He has a long and varied field banking and administrative experience of nearly 38 years.
He has specialization in credit, more specifically corporate credit. His experience in Risk Management is for over a decade and was the Chief Risk Officer of the Indian Bank. As Board Secretary, he took several initiatives to improve the corporate governance in Indian Bank. He was the Head of HR Department in Indian Bank. Being Tech Savvy person, he always trusted technology as the game changer in the Banking.
He is the Alternate Chairman of IBA Standing Committee on Agri & Allied Activities. He was also a member of IBA’s Sub-Committee on Performance Management System in Public Sector Bank.
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