Sarkar ceases to be Allahabad Bank director

Allahabad Bank has informed BSE that Shri D. Sarkar ceased to be the director of the Bank.

The former Executive Director of the Bank has joined the Union Bank of India as Chairman and Managing Director of Union Bank of India with effect from April 01, 2012.

The notification was given pursuant to the directions by the Govt. of India, Ministry of Finance, Department of Financial Services.

Meanhwile, the bank has appointed Shri Tilak Raj Chawla as whole time director and designated as Executive Director of the Bank with effect from the date of his taking over charge of the post on or after April 01, 2012 till April 30, 2014 or until further order, whichever is earlier.

Accordingly, Shri T. R. Chawla has taken over the charge of Executive Director of the Bank with effect from April 01, 2012 and will hold office upto April 30, 2014 or until further order, whichever is earlier.

For more, click here.

Also Read

Why Singapore banks are a ‘safe haven’ from US market volatility

MUFG employee steals up to $12.9m from safe deposit boxes

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit