M Paramasivam appointed as the new Executive Director of Punjab National Bank

Daily Current Affairs / M Paramasivam appointed as the new Executive Director of Punjab National Bank

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Category : Appointment/Resignation Published on: December 05 2022

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The Appointments Committee of the Cabinet (ACC) has approved the appointment of M Paramasivam as the Executive Director of Punjab National Bank with effect from 1st December 2022 for a period of three years.
Paramasivam is an agriculture graduate who started his career as an Agricultural Extension Officer.
M Paramasivam’s experience and contribution are spread across multiple domains of Branch Banking, Credit, Priority Sector, Forex and Trade Finance, and Compliance, among others, as per the official statement.
Punjab National Bank is an Indian Public Sector Bank which is headquartered in Delhi. The bank was founded in May 1894 and is the second-largest government-owned bank in India, both in terms of its business volumes and its network.