Advertisement
Co Presented By
Co Presented By

Meet the first chief of India's all-women bank

Even as the country's first all women bank - Bharatiya Mahila Bank - will launch on November 19, the birth anniversary of former Prime Minister Indira Gandhi, the government has appointed Usha Ananthasubramanian as the first Chairman and Managing Director of the all-woman bank, the Hindu Business Line reported.<br /><br />

Advertisement
FP Staff|Dec 20, 2014, 23:57:54 IST

Even as the country's first all women bank - Bharatiya Mahila Bank - will launch on November 19, the birth anniversary of former Prime Minister Indira Gandhi, the government has appointed Usha Ananthasubramanian as the first Chairman and Managing Director of the all-woman bank, the Hindu Business Line reported.

Advertisement

[caption id="attachment_1224997" align="alignleft" width="300"]Usha-Ananthasubramanian-300x300 Usha Ananthasubramanian[/caption]

Usha Ananthasubramanian is currently an executive director at Punjab National Bank and hasover three decades of banking experience.

She is leading the core management team (comprising employees from various public-sector banks) set up to put in place by October 31 the systems and processes necessary to start the bank's operations.

businessMore from Business

The government will formally announce the name of the CEO after the Reserve Bank of India has issued the licence.

Ananthasubramanian began her career in 1982 at Bank of Baroda as a specialist officer in the planning stream.She moved to Punjab National Bank in July 2011.

She holds a dual master's degree - in statistics from the Madras University and in ancient Indian culture from the Mumbai University.

Advertisement
Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Nov 12, 2013, 14:44:49 IST
Advertisement
Advertisement
Advertisement
Advertisement
Up Next