The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for extension of term of office of the following three MD & CEOs and ten Executive Directors (EDs) in Public Sector Banks (PSBs), in terms of the provisions of section 9 (3) (a) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and paragraph 8(1) of the Nationalised Banks (Management and Miscllaneous Provision) Scheme, 1970.

Extension of term of office of the following three MD & CEOs:

Shri Ch. S.S. Mallikarjuna Rao, MD & CEO, Punjab National Bank

Extension of term of office of Shri Ch. S.S. Mallikarjuna Rao, MD & CEO, Punjab National Bank for a period beyond 18.09.2021 till the date of his superannuation, i.e. 31.01.2022, or until further orders, whichever is earlier.

Shri Atul Kumar Goel, MD & CEO, UCO Bank

Extension of term of office of Shri Atul Kumar Goel, MD & CEO, UCO Bank for a period of two years beyond his currently notified terms which expires on 01.11.2021, or until further orders, whichever is earlier.

Shri A.S. Rajeev, MD & CEO, Bank of Maharashtra

Extension of term of office of Shri A.S. Rajeev, MD & CEO, Bank of Maharashtra for a period of two years beyond his currently notified terms which expires on 01.12.2021, or until further orders, whichever is earlier.

Extension of of term of office of ten Executive Directors (EDs):

Shri Ajay K. Khurana, ED, Bank of Baroda

Extension of term of office of Shri Ajay K. Khurana, ED, Bank of Baroda for a period of two years beyond his currently notified terms which expires on 19.09.2021, or until further orders, whichever is earlier.

Shri Sanjay Kumar, ED, Punjab National Bank

Extension of term of office of Shri Sanjay Kumar, ED, Punjab National Bank for a period beyond 19.09.2021 till the date of his superannuation i.e. 30.11.2022, or until further orders, whichever is earlier.

Shri Gopal Singh Gusain, ED, Union Bank of India

Extension of term of office of Shri Gopal Singh Gusain, ED, Union Bank of India for a period beyond 19.09.2021 till the date of his superannuation i.e. 31.01.2022, or until further orders, whichever is earlier.

Shri Vikramaditya Singh Khichi, ED, Bank of Baroda

Extension of term of office of Shri Vikramaditya Singh Khichi, ED, Bank of Baroda for a period beyond 30.09.2021 till the date of his superannuation i.e. 31.07.2022, or until further orders, whichever is earlier.

Shri Vijay Dube, ED, Punjab National Bank

Extension of term of office of Shri Vijay Dube, ED, Punjab National Bank for a period beyond 31.10.2021 till the date of his superannuation i.e. 31.08.2023, or until further orders, whichever is earlier.

Shri Shenoy Vishwanath Vittal, ED, Indian Bank

Extension of term of office of Shri Shenoy Vishwanath Vittal, ED, Indian Bank for a period beyond 30.11.2021 till the date of his superannuation i.e. 31.03.2022, or until further orders, whichever is earlier.

Shri Alok Srivastava, ED, Central Bank of India

Extension of term of office of Shri Alok Srivastava, ED, Central Bank of India for a period beyond 22.01.2022 till the date of his superannuation i.e. 30.11.2022, or until further orders, whichever is earlier.

Ms. A. Manimekhalai, ED, Canara Bank

Extension of term of office of Ms. A. Manimekhalai, ED, Canara Bank for a period of two years beyond her currently notified terms which expires on 10.02.2022, or until further orders, whichever is earlier.

Shri P.R. Rajagopal, ED, Bank of India

Extension of term of office of Shri P.R. Rajagopal, ED, Bank of India for a period of two years beyond his currently notified terms which expires on 28.02.2022, or until further orders, whichever is earlier.

Shri Manas Ranjan Biswal, ED, Union Bank of India

Extension of term of office of Shri Manas Ranjan Biswal, ED, Union Bank of India for a period beyond 28.02.2022 till the date of his superannuation i.e. 30.04.2022, or until further orders, whichever is earlier.