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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