United Bank of India has informed that the ministry of finance, government of India vide its circular dated December 27, 2011, and in exercise of the powers conferred by section 9(3)(a) of the banking companies (acquisition & transfer of undertakings) act 1970 read with sub-clause (1) of clause 3, clauses 5, 6, 7 and sub-clause (1) of clause 8 of the nationalized banks (management and miscellaneous provisions) scheme 1970 and after consultation with reserve bank of India has appointed S. L. Bansal, presently executive director of the bank as chairman and managing director of oriental bank of commerce from on or after March 01, 2012.
The above information is part of the company’s filing submitted to the BSE.
