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Dena Bank Announces Change in Chairman & Managing Director


Tuesday, 1 Jan 2013 04:28am EST 

Dena Bank announced that with reference to earlier announcement dated December 24, 2012, Dena Bank has now informed BSE that, in exercise of powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition & Transfer of Undertakings) Act 1970/1980, read with the sub clause (1) of clause 3 and sub-clause (1) of Clause 8 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, after consultation with the Reserve Bank of India, vide notification dated November 09, 2012 has appointed Shri Ashwani Kumar, Executive Director, Corporation Bank as the Chairman & Managing Director, Dena Bank for a period of five years from the date of taking over charge of the post on or after January 01, 2013 or till the date of his attaining the age of superannuation or until further orders, whichever is earliest. Accordingly, Shri Ashwani Kumar has taken over charge as Chairman & Managing Director of the Bank on January 01, 2013. Further, the term of Smt. Nupur Mitra, ceases as a Chairperson & Managing Director of the Bank with effect from January 01, 2013 after attaining superannuation on December 31, 2012. 

Company Quote

68.6
0.55 +0.81%
3:25am EDT