Updated By: LatestGKGS Desk
PNB Chief Sunil Mehta became new Chairman of Indian Bank’s Association for 2018-19
PNB Chief Sunil Mehta became new Chairman of Indian Bank’s Association for 2018-19: Details, Highlights, About
Punjab National Bank (PNB’s) managing director and chief executive, Sunil Mehta got elected as new chairman of Indian Banks Association (IBA) for the year 2018-19.
Other Appointments: Bank of India’s managing director and chief executive Dina Bandhu Mohapatra was elected as the deputy chairman. Madhav Nair, country head and chief executive, Mashreqbank PSC, was elected as Honorary Secretary of IBA for 2018-19, State Bank of India’s chairman, Rajnish Kumar, and Federal Bank’s managing director, Shyam Srinivasan, will continue as deputy chairmen of IBA.
About Indian Bank’s Association (IBA)
Indian Bank's Association (IBA) is an association of Indian banks and financial institutions.
IBA was established on 26th September 1946.
IBA is headquartered in Mumbai.
IBA main objective is to strengthen, develop and foster coordination among Indian banking stakeholders. It also facilitates various member banks.
IBA's Managing Committee consists of a chairman, three deputy chairmen, one honorary secretary as well as 26 members.
The members of IBA comprise of public sector banks, private sector banks, foreign banks having offices in India, co-operative banks, regional rural banks and all India financial institution.
At present, it has 237 members from banking sector operating in India.
