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Dr. K.C. Chakrabarty is PNB’s New CMD

 

New Delhi, June 05, 2007

 

Dr. Kamalesh Chandra Chakrabarty has joined Punjab National bank (PNB) as its Chairman & Managing Director. Earlier, he was Chairman & Managing Director of Indian Bank.

 

Dr. Chakrabarty, a Gold Medalist in M.Sc. (Statistics), did his Ph.D. in Statistics from BHU, Varanasi.

 

He joined Bank of Baroda as Planning Officer in 1978 and progressed to the post of General Manager in a short span. He held important positions in Bank of Baroda.

 

He was Incharge of Bank’s corporate planning, MIS, Economic research and IT departments.

 

He also headed resource management function at corporate office, Mumbai and Integrated treasury function and Bank’s corporate risk management function.

 

In 2004, Dr. Chakrabarty was elevated to the post of Executive Director in Punjab National Bank and assumed charge as Chairman & Managing Director of Indian Bank on 9th June 2005. Presently, he is also director of United India Insurance Company Limited and member of Management Committee of Indian Bank Association.

 

Dr. Chakrabarty has also held the following important assignments / positions:

  • Director, Central Depository Service Ltd. (CSDL);
  • Director, BOB Housing Finance Limited;
  • Director, Bareilly Corporation Bank
  • Member, Committee on Direction on Banking Statistics;
  • Member Co-ordinator, Committee of Transfer Price Mechanism;
  • Member, IBA Committee of Economists;
  • Member, Committee constituted by IBA to study the experience of Financial Sector Reforms in select South-East Asian countries.

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