AJAI KUMAR ASSUMES CHARGE AS CORPBANK CMD

Mr Ajai Kumar, who has been appointed Chairman and Managing Director of Corporation Bank, assumed office on Saturday.

Before his appointment as Chairman and Managing Director of Corporation Bank, Mr Kumar was Executive Director of UCO Bank since 2009.

A bank release said here that Mr Kumar started his career with Bank of Baroda as an officer in 1973.

In his 36 years of service in Bank of Baroda, he had held various positions handling key responsibilities in head office, zonal offices, branches, New York office and offshore banking operations of Nassau, Bahamas.

SOURCE: http://www.thehindubusinessline.com/industry-and-economy/banking/article2503416.ece