V. Kannan Appointed Chairman and Managing Director (CMD) of Vijaya Bank.
The Government of India has appointed V. Kannan as next Chairman and Managing Director (CMD) of Bangalore headquartered Vijaya Bank. Kannan, who is currently an Executive Director (ED) at Oriental Bank of Commerce, is expected to assume charge of his new role on January 1, 2014.
The Centre has also appointed Suresh N. Patel as Executive Director of Oriental Bank of Commerce. Patel will assume charge as ED of Oriental Bank on January 1 when Kannan moves over to Vijaya Bank. Patel is currently General Manager (GM) at Dena Bank.