Corporation Bank has informed that in exercise of powers conferred by clause (e) of sub-section (3) of section 9 of the banking companies (acquisition and transfer of undertakings) act, 1980 read with sub-clause (1) and (2) of clause 9 of the nationalised banks (management and miscellaneous provisions) scheme, 1980, the central government, appointed Vincent D'Souza, single window operator-b of the bank as workmen employee director on the board of directors of the bank with effect from December 28, 2011 vide Govt. of India, Ministry of Finance, department of financial services notification, for a period of three years or until further orders, whichever is earlier.
The above information is part of the company’s filing submitted to the BSE.
