Dena Bank appoints Chairman and Managing Director

Dena Bank has informed that in exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the banking companies (acquisition and Transfer of Undertakings) Act 1970/ 1980, read with the sub clause (1) of clause 3, clause 5, clause 6, clause 7 and sub-clause (1) of clause 8 of the nationalised banks (management and miscellaneous provisions) scheme, 1970/ 1980, the central government, after consultation with the Reserve Bank of India, vide notification dated September 02, 2011 has appointed Nupur Mitra, executive director of Indian Overseas Bank, as the Chairman and Managing Director of Dena bank, from the date of her taking over charge of the post on or after November 01, 2011 till December 31, 2012, that is the date of her superannuation or until further orders, whichever is earlier.

Accordingly, Nupur Mitra, has taken over charge as Chairman and Managing Director of the Bank with effect from November 01, 2011.

The above information is part of the company’s filing submitted to the BSE.