Which bank has appointed Ashwani Kumar as its new MD and CEO?
  • UCO Bank
  • Axis Bank
  • State Bank of India
  • HDFC Bank
Answer- A
The Financial Services Institutions Bureau (FSIB) has recommended the appointment of Ashwani Kumar, an executive director at Indian Bank, as the managing director of UCO Bank.

Kumar has a wealth of experience having held positions in several other public sector banks such as Bank of Baroda, Corporation Bank, Oriental Bank of Commerce, and Punjab National Bank (PNB).

The FSIB interviewed 11 candidates from various PSBs for the MD & CEO role. The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, will make the final decision on the appointment.