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A S Rajeev has been appointed as the new Managing Director and Chief Executive Officer (MD & CEO) of state-owned Bank of Maharashtra (BoM). He has replaced Ravindra Marathe, who was accused of extending around Rs. 30 billion fraudulent loans to Pune-based DSK Group. He is currently working as the Executive Director of Indian Bank from 22nd January 2016. He is a mathematics graduate with professional qualifications of FCA, MBA, DISA and CAIIB.
A qualified Chartered Accountant, the 54 year old has vast exposure and expertise in all important
areas of banking, including corporate credit, international banking, treasury, risk management, credit monitoring & supervision, NPA management, planning & development, human resources, finance, accounts & taxation among others.
areas of banking, including corporate credit, international banking, treasury, risk management, credit monitoring & supervision, NPA management, planning & development, human resources, finance, accounts & taxation among others.
Rajeev has about three decades of professional experience in three lenders - Syndicate Bank, Vijaya Bank and Indian Bank. About Bank of Maharashtra :
- Head Quarters : Pune
- Founded by : V. G. Kale and the late D. K. Sathe
- Founded in : 16th September 1935
- Nationalized in : 1969
- Slogan : One Family One Bank
- CMD : A S Rajeev
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