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Board of ING Vysya Bank approves resignation of MD & CEO

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Capital Market
Last Updated : Oct 28 2014 | 8:30 PM IST

At meeting held on 28 October 2014

ING Vysya Bank announced that Shailendra Bhandari, MD & CEO has submitted his resignation and the Board of Directors, at its meeting held 28 October 2014 has approved his letter of resignation. Bhandari will continue to be in the office till 31 January 2015.

In pursuance of its succession plan, the Board, at the same meeting, proposed the appointment of Uday Sareen, currently Deputy CEO and Wholesale Banking Head as MD & CEO, subject to approval of Reserve Bank of India.

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First Published: Oct 28 2014 | 6:44 PM IST

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