Venkatasubramaniam is GIC managing director: GIC general manager PM Venkatasubramaniam has been appointed as the managing director of the corporation with effect from July 13. He is also a director on the boards of United India Insurance Company, GIC Asset Management Company and Larsen and Toubro. Another GIC managing director U Mahesh Rao will be retiring during this month.Jagdish Kapoor to chair Nabard board meet: RBI deputy governor Jagdish Kapoor will chair Nabard's upcoming board meet to be held on July 16, a senior Nabard official said. A successor to P Kotiah, Nabard chairman who retired on the May 30, 1998, is yet to be named.
Commerzbank appoints new CEO: G Shekhar has taken over as the chief executive officer of Commerzbank from Ashok Thanka. Prior to taking over his current charge, Shekhar looked after Commerzbank's private banking business in Singapore.
Dena Bank board meet: The Dena Bank board of directors meet will be held on July 28 to consider and take onrecord the unaudited financial results for the period ended June 30.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
