Page 21 - Banking Finance JANUARY 2017

NEW APPOINTMENTS

PEOPLE ON THE MOVE

Bank of Baroda appoints Mr. Manoj Piplani as MD & CEO of Bobcards Ltd.

Bank of Baroda appointed of Mr. Manoj Piplani as the new Managing Director & CEO of Bobcards
Limited for the cards and payments business.

Mr. Manoj Piplani is a senior financial services executive with over 20 years of international industry
experience. For the last few years, he worked with Barclays Bank in London as Managing Director of
UK Cards, steering the Bank's market leading UK credit cards business and driving its rapid growth
and digital transformation. He has also led Global Advanced Analytics Centers for Citibank's consumer
Manoj Piplani business worldwide and has overseen credit risk for the US Sub-prime division of Capital One. Mr.
Piplani holds a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad.

KPMG appoints former RBI Deputy Governor H R Khan as Senior

Adviser
Consultancy firm KPMG appointed former Reserve Bank deputy governor H R Khan as its senior ad-
viser in the country. Khan retired as RBI deputy governor in July 2016 after serving for nearly four
decades.
H R Khan
Catholic Syrian Bank appoints C V R Rajendran as the Managing Di-
rector & CEO

The Reserve Bank of India has granted approved the appointment of C V R Rajendran as the Manag-
ing Director & CEO of Catholic Syrian Bank Ltd for a period of three years from the date of his taking
charge. Rajendran is currently holding the position of Chief Executive Officer of the Association of
Mutual Funds in India. Prior to this he has held other key positions like Chairman and Managing Di-
C V R Rajendran
rector of Andhra Bank and Executive Director at Bank of Maharashtra.

V K Sharma appointed Chairman of Life Insurance Corporation of
India
The Union Government in December 2016 appointed V K Sharma as the Chairman of Life Insurance
Corporation (LIC) for a period of five years. Before the appointment, Sharma was serving as the acting
chief of LIC. He was appointed as the acting chief on 16 September 2016 after the resignation of S K
Roy. Sharma has been serving as the Managing Director of the insurer since November 2013.
V K Sharma

Rakesh Asthana appointed as Interim Director of CBI
Senior IPS officer Rakesh Asthana was on 3 December 2016 appointed as the Interim Director of
Central Bureau of Investigation (CBI). He was given this additional charge by the Union Government
following retirement of Anil Sinha.

This was the first time in last 10 years and second time in the CBI's history that no new Director was
Rakesh Asthana named to succeed an incumbent.

BANKING FINANCE | JANUARY | 2017 | 21

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