Tag: appointments

Chanda Kochhar Quits As CEO of ICICI Bank

Chanda Kochhar has quit as CEO of ICICI Bank with immediate effect. The private lender has appointed Sandeep Bakhshi as managing director and chief executive officer for five years, subject to regulatory approval. 
In June, a panel was set up under retired Supreme Court judge Justice Srikrishna to probe allegations against Chanda Kochhar. 
Source- The Livemint

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • ICICI Bank stands for Industrial Credit and Investment Corporation of India.
  • Headquarters of ICICI Bank: Mumbai.

Barham Salih Elected As The New President of Iraq

Iraq’s Parliament has elected a veteran Kurdish Politician Barham Salih as the country’s new President. He has named Shiite Adel Abdul Mahdi as Prime Minister of the country. The move will pave the way to form a new government, nearly five months after national elections.  

Patriotic Union of Kurdistan leader Salih won 220 votes out of the 273 lawmakers. He was among 20 candidates for the post, including one from the rival Kurdistan Democratic Party.
Source- News on AIR

Static/Current Takeaways Important for SBI Clerk Mains Exam 2018- 

  • Iraq Capital– Baghdad, Currency– Iraqi dinar

  

Justice Ranjan Gogoi Sworn-in As 46th Chief Justice of India

Justice Ranjan Gogoi has sworn-in as new Chief Justice of India. President Ram Nath Kovind administered him the oath of office at a function in Rashtrapati Bhawan. He is succeeding Justice Dipak Misra who retired as Chief Justice of India recently.  Justice Gogoi is the 46th Chief Justice of India. He will have a tenure of a little over 13 months and will retire on November 17, 2019. 
Justice Gogoi was enrolled as an advocate in 1978. He practised in the Gauhati high court on constitutional, taxation and company matters. He was appointed as a permanent judge of the Gauhati high court on February 28, 2001.
Source- News on AIR


Rangachari Sridharan Appointed Chairperson of NFRA

The Centre has appointed former IAS officer Rangachari Sridharan as chairperson of the National Financial Reporting Authority (NFRA), an entity which will function as an independent regulator for the auditing profession. 
Sridharan is a retired 1983 batch IAS officer of the Karnataka cadre. The appointments committee of the cabinet also approved the appointment of retired Indian Audit and Accounts Service officer of the 1980 batch, Prasenjit Mukherjee as a full-time member in NFRA. 
Source- The Times of India

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • The decision to set up NFRA as an independent regulator for the auditing profession is in line with the changes brought in by the Companies Act, 2013. 

India-Born Professor Gita Gopinath Named IMF Chief Economist

India-born Harvard University professor Gita Gopinath has been appointed as the Chief Economist of the International Monetary Fund (IMF) by IMF’s Managing Director Christine Lagarde. 
Ms. Gopinath will succeed Maurice (Maury) Obstfeld. Ms. Gopinath currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University. The 46-year-old is also Economic Adviser to Kerala CM. 
Source- imf.org

Static/Current Takeaways Important for SBI Clerk Mains Exam 2018- 
  • Managing Director of IMF- Christine Lagarde, Headquarters in- Washington DC, USA.

Vikram Misri Appointed India’s Next Ambassador to China

Ambassador of India to Myanmar, Vikram Misri has been appointed as the next Ambassador of India to China, according to the Ministry of External Affairs. Mr Misri, a 1989 batch IFS officer, is expected to take up the assignment shortly. 
Source- News on AIR

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • China Capital: Beijing, Currency: Renminbi, President: Xi Jinping.

Google appoints Keith Enright as its Chief Privacy Officer

Technology giant Google has appointed its privacy lawyer, Keith Enright, as Chief Privacy Officer as the company proposed policies for potential federal regulation of data. In his new role, Enright will be in charge of crafting Google’s strategy on privacy issues. Before Google, Enright worked as the Chief Privacy Officer at Macy’s and was also a senior consultant at IBM.
Source- Bloomberg

Top Scientist KN Vyas Appointed Atomic Energy Commission Chief

Renowned scientist Kamlesh Nilkanth Vyas has been appointed the secretary of the Department of Atomic Energy and chairman of the Atomic Energy Commission. Mr Vyas, who is at present Director of Bhabha Atomic Research Centre (BARC), has been appointed in place of Shekhar Basu. 

Mr Basu was appointed to the post in October 2015 and his tenure was to end in September 2016. Mr Vyas is a Mechanical Engineering graduate from MS University, Vadodara. 
Source- NDTV News

Government Appoints New MD & CEOs At 10 PSBs: Here Is All You Need To Know

The government of India cleared the appointment of Chief Executive Officers and Managing Directors (CEOs and MDs) at 10 Public Sector Banks (PSBs). They are part of the 15 names recommended by the Bank Boards Bureau for elevation. Of those named, five are currently the deputy managing directors of State Bank of India (SBI) while the other five are executive directors (EDs) at different government-owned banks.
Here is the list of people appointed as MD and CEO at various PSBs:
1. Padmaja Chundru – Indian Bank. 
2. Mrutyunjay Mahapatra – Syndicate Bank. 
3. Pallav Mohapatra – Central Bank of India. 
4. Packirisamy – Andhra Bank. 
5. Karnam Sekar – Dena Bank. 
*All of the above people are currently deputy MDs at SBI.
6. SS Mallikarajuna Rao – Allahabad Bank – He is currently the ED of Syndicate Bank. 
7. AS Rajeev – Bank of Maharashtra – He is currently the ED of Indian Bank. 
8. Atul Kumar Goel – UCO Bank – He is currently the ED at Union Bank of India.
9. S Harisankar – Punjab & Sind Bank. He is currently the Executive Director of Allahabad Bank.
10. Ashok Kumar Pradhan – United Bank of India – He is currently the ED of United Bank of India. 
Source- The Moneycontrol 

Tajinder Mukherjee Takes Over As CMD of NICL

Tajinder Mukherjee has taken over as the Chairman and Managing Director of National Insurance Company Limited (NICL). Prior to joining NIC, she was posted as General Manager and Chief Underwriting Officer of New India Assurance. 
She has over 33 years of experience in the insurance industry having joined as a Direct recruit Officer 1983 batch in United India Insurance Company. 
Source- The Quint

Static/Current Takeaways Important for IBPS PO Exam 2018- 
  • NICL Headquarters in Kolkata, West Bengal.