Banks Board Bureau (BBB) has recommended 22 general managers to be elevated as executive directors at the various public sector banks for vacancies in the current financial year.
This is the first major exercise undertaken by the BBB headed by newly appointed chairman B P Sharma, former Secretary, Department of Personnel and Training.
Sharma was appointed as head of the panel, advisory body formed by the government for the selection of candidates for top-level board appointment, in April after completion of two-year term of former CAG Vinod Rai.
The Bureau is also in process of selecting candidates for posts of managing director