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• Kalyan Kumar has been named Executive Director of the Punjab National Bank (PNB).
• The former Union Bank of India Chief General Manager has over 26 years of banking expertise.
• Kumar is appointed to the Bank's Board of Directors under the Banking Companies Act of 1970 for a three-year term, beginning on the day of his assumption of office and ending when further instructions are issued, whichever comes first.
• Kumar graduated from Rajendra Prasad Agriculture University in Pusa with a master's degree in science.

Important Takeaways

About PNB

• PNB: Punjab National Bank
• CEO: S. S. Mallikarjuna Rao
• Founded: 19 May 1894, Lahore, Pakistan
• Founders: Dyal Singh Majithia, Lala Lajpat Rai
• The 'PNB' open its doors to the general public: 12 April, 1895
• PNB bank officials decided to leave Lahore: March 31, 1947
• Slogan of Punjab National Bank: The Name You Can Bank Upon
• Headquarter of PNB: New Delhi