Punjab National Bank has informed that Ashutosh Choudhury, Chief General Manager has ceased to be the Group Chief Risk Officer (GCRO) of the Bank on 03.05.2023 upon his elevation as Executive Director of Indian Bank pursuant to Notification No. eF.No. 4/6/2021-8O.I dated 03.05.2023 issued by the Department of Financial Services, Ministry of Finance, Government of India. The information is being submitted in compliance of the RBI Notification RBl/2016-17/294 DBR.BP.BC.No.65/21.04.103/2016-17 dated 27.04.2017 on Risk Management Systems - Role of the Chief Risk Officer (CRO).
The above information is a part of company’s filings submitted to BSE.