3 PSU banks get new chiefs, SBI gets new MD

Three PSU banks – Canara Bank, Bank of India and Bank of Baroda – now have new directors and CEOs. Beside of appointing CEOs for these three banks, the government has also appointed a new managing director and a deputy managing director for State Bank of India (SBI).
While Punjab National Bank executive director L V Prabhakar has been appointed as the new Canara Bank managing director & chief executive, Atanu Kumar Das has been elevated to the top job in Bank of India, where he was the executive director. State Bank of India deputy managing director has been appointed as the new BoB managing director and CEO. C S Setty has been appointed as the new Managing Director of SBI with an initial tenure of three years.