Bank of India has informed that in exercise of the powers conferred by clause (b) of Sub-Section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub section (1) of clause 3 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, the Central Government has nominated Girish Chandra Murmu, Additional Secretary, Department of Financial Services on the Board of Bank of India with immediate effect in place of Anna Roy.
The above information is a part of company’s filings submitted to BSE.