Current Affairs - Awards and Honours - Discussion

Ashok Chandra has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Punjab National Bank (PNB), effective January 2025. With over three decades of experience, he previously served as an Executive Director at Canara Bank, handling various key verticals like digital banking, IT, MSME, and financial inclusion. Alongside this appointment, Binod Kumar has been named the MD and CEO of Indian Bank. Kumar, also with extensive banking experience, previously held positions such as Chief General Manager (Corporate Credit) and Zonal Manager at PNB and was elevated to Executive Director in November 2022. Both appointments signify strategic leadership transitions in these major public sector banks.