CFO and ED of TCS appointed Bank’s non executive chairman
Q. Who has been appointed as the non executive chairman of City Union Bank?- Published on 05 May 16
a. S. Ramadorai
b. Ramani Iyer
c. S. Mahalingam
d. None of the above
ANSWER: S. Mahalingam
S. Mahalingam, former chief financial officer (CFO) and executive director of Tata Consultancy Services (TCS), is set to become the non-executive chairman of City Union Bank.
- Mr. Mahalingam is currently an Independent Director on the board of the bank.
- The board’s decision comes in the wake of S. Balasubramanian vacating the office of part-time Non-Executive Chairman of the bank at the close of business hours on Tuesday upon his superannuation.
- Board also co opted M. Narayanan as Additional Director of the Bank.