Canara Bank - Appointment of Director

Canara Bank has informed BSE that in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of The Banking Companies (Acquisition and transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Natlonalised Banks (Management and Miscollaneous Provisions) scheme, 1970/1980, the Central Government, after consultation with the Reserve Bank of India, has appointed Shri Ashok Kumar Gupta presently General Manager, Punjab National Bank as Executive Director (ED) of Canara Bank with effect from the date of his taking over charge of the post till October 31, 2014 i.e. the last day of the month in which he would attain the age of superannuation or until further orders, whichever is earlier, vide notification dated July 28, 2011.

He has taken charge as Executive Director of the Bank w.e.f. July 28, 2011.