Mrs. Usha Ananthasubramanian joins as Managing Director & CEO of Punjab National Bank
Mrs. Usha Ananthasubramanian has today taken over charge as Managing Director and Chief Executive Officer of Punjab National Bank from Shri Gauri Shankar, Executive Director holding additional charge as MD & CEO. A notification to this effect was issued today – 14th August, 2015 by Deptt. Of Financial Services, Ministry of Finance, Govt. of India. Prior to this, she was Chairperson and Managing Director of Bhartiya Mahila Bank (BMB) since inception. Earlier she had also been Executive Director at PNB for more than two years, till November, 2013.
2. At PNB, as Executive Director she meaningfully contributed in the growth of the Bank. She was also part of the Committee formed for examination of the blue print and other related tasks for setting up of the first women focused Bank. She was the head of the Core Management Team constituted by Ministry of Finance, Government of India, for coordinating the process of establishment of BMB.
3. She started her career with LIC and has worked in various positions in the banking and allied areas. She joined the Banking industry in February 1982 as a Specialist Officer in the Planning Stream of Bank of Baroda and rose to the rank of General Manager.
4. She holds a Masters degree in Statistics from the University of Madras and a Masters degree in Ancient Indian Culture from the University of Mumbai.