Letters: Give important duties

Government has announced the posting of top executives to seven public sector banks

The government has announced the posting of top executives — managing directors (MD) and chief executive officers (CEO) — to seven public sector banks. In two cases, the incumbents are required to take charge after the incumbents retire.
 
The government could have done better and posted them immediately as officers on special duty (OSD) in line with several other government posts. They could have taken on the designation of board member and directly reported to the board. In the interim, they could have been made responsible for all credit, management of non-performing assets (NPA) and credit monitoring departments. All