Shubhalakshmi Panse New CMD of Allahabad Bank

Shubhalakshmi Panse New CMD of Allahabad Bank.

Earlier in May, we have published the list of shortlisted persons for the top jobs in Bank of India, United Bank of India and Allahabad Bank. Now proving our report correct, Allahabad Bank appoints Shubhalakshmi Panse as their new Chairman and Managing Director (CMD).

Shubhalakshmi Panse has taken charge as the Chairperson and Managing Director (CMD) of Allahabad Bank effective October 1.

She earlier served as the Executive Director of Vijaya Bank. Panse was responsible for the administration and business development of Vijaya Bank for a period of two years.

Panse, who joined Bank of Maharashtra as probationary officer, has worked in almost all key segments of banking including recovery, credit, fund management, law, accounts, IT and business process re-engineering, said a press statement issued by Allahabad Bank.


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