Nidhu Saxena Named MD & CEO Of Bank Of Maharashtra
On 27 March, the Ministry of Finance appointed Nidhu Saxena as the Managing Director and Chief Executive Officer of Bank of Maharashtra.
Saxena, currently serving as the Executive Director of Union Bank of India, will succeed AS Rajeev, who has been selected as the Vigilance Commissioner in the Central Vigilance Commission (CVC).
Bank of Maharashtra stated in a regulatory filing, "The Department of Financial Services, through notification no. 13/8/2016-BOI dated 22 February 2024, has announced the appointment of A S Rajeev, MD and CEO of the bank, as Vigilance Commissioner in the Central Vigilance Commission."
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