M Paramasivam is appointed as the executive director of the Punjab National Bank, with the approval of the Appointment Committee of the Cabinet (ACC) of the bank.
Paramasivam has a rich experience of 32 years in the banking sector. He is an agriculture graduate and started his career as Agriculture Extension Officer at Canara Bank in 1990. Along with this, he also served as Branch Head of VLB, Regional and Circle Head of various Regional and Circle offices. He also headed the Priority Credit Wing at the Head Office.
His experience and contribution are spread across multiple domains, including Branch Banking, Credit, Priority Sector, Forex & Trade Finance, and Compliance, among others.
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M Paramasivam Responsibilities At PNB And Key Points
- Paramasivam played a key role in the launch of Agri Credit Centers per EASE-3 norms.
- He also participated in the Leadership Development Strategy Programme run by the Indian Bank’s Association and the Banks Boards Bureau (BBB).
- Under his tenure at Canara Bank’s head office as Wing Head of the Priority Credit Wing, the FRUITS Portal was launched in collaboration with NABARD and the Karnataka State Government.
- His vast experience in the banking sector would further enable him to thrive in his new role.
Regarding his appointment, Punjab National Bank tweeted, ━ “An exuberant PNB Parivar extend a warm welcome to Shri M Paramasivam upon joining as Executive Director of the Bank.”
About Punjab National Bank
Punjab National Bank is an Indian Public Sector Bank whose headquarter is in Delhi. The bank was founded in 1894. With over 180 million customers, 12,248 branches, and 13,000 ATMs, Punjab National Bank is the second-largest government-owned bank in India in terms of business volumes and its networks.
