Canara Bank Appoints Ajay Mathur as Director

Canara Bank has announced that in exercise of the powers conferred by sub-section (3)(g) of Section 9 of the Banking Companies (Acquisition and transfer of Undertakings) Act, 1970/1980, read with sub clause (b) of clause 9(2) of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government, after consultation with Reserve Bank of India, nominated Shri. Ajay Mathur, Chartered Accountant, New Delhi as part time non official Director under Chartered Accountant category, on the Board of the Bank for a period of three years from the date of notification and / or until further orders, whichever is earlier, vide notification of Government of India, Ministry of Finance, Department of Economic Affairs (Banking Division) New Delhi dated October 13, 2006.

Source : Equity Bulls

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