Ashok Chandra Recommended as Next MD & CEO of Punjab National Bank
| Aspect | Details |
|---|---|
| Event | FSIB recommends Ashok Chandra as MD & CEO of Punjab National Bank (PNB) |
| Current Role | Executive Director at Canara Bank (since November 2022) |
| Career Start | Joined Corporation Bank in September 1991 |
| Education | Master's degree in Economics, Certified Associate of Indian Institute of Bankers |
| Successor | Succeeds Atul Kumar Goel, tenure ends December 31, 2024 |
| Selection Process | FSIB issued notification on August 1, 2024, deadline August 29, 2024; interviewed 16 candidates on October 26 and 28 |
| Career Highlights | Led recovery and stressed assets management at Union Bank of India as General Manager (2018), diverse banking experience |
| Appointment Authority | FSIB, followed by DFS and ACC for final approval |
| Tenure | Three years, extendable based on performance |
| Salary | ₹205,400 - ₹224,400 per month, plus allowances |