Usha Ananthasubramanian has been appointed as the MD & CEO of Allahabad Bank. She took charge from May 06,2017
Her term ends on August 13, 2018.
Rakesh Sethi was previously the Chairman and Managing Director of the Kolkata-based lender.
Prior to her joining here, Ananthasubramanian was the MD & CEO of Punjab National Bank, the lender told in a release to the bourses.
Ananthasubramanian had joined the industry in 1982 as a specialist officer with Bank of Baroda.
An industry veteran, she was tasked with setting up of the first women focussed bank and was part of the core management team constituted by the Finance Ministry for coordinating the setting up of the Bharatiya Mahila Bank.
She also served as CMD of Bharatiya Mahila Bank (BMB) between November 2013 and August 2015.