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AIBOC requests govt to speed up appointments on banks’ board

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All India Bank officers’ Confederation (AIBOC) has requested the government to appoint Officer Nominee Directors on the boards of various public sector banks urgently so that the board can discharge its duties efficiently.

“The matter being of utmost importance for the effective governance of the bank boards and to meet the requirement of Banking Regulation Act had been included in our strike calls dated December 11 and in subsequent strike calls,” AIBOC General Secretary Harvinder Singh said.

If more than a month is taken in getting the status of the issue, then that is not expected from the government, he said in a statement.

Expressing surprise on the inordinate delay in appointment, he said that instead of resolving the issue, which is related to governance of the banks, only status is being updated.

He wondered if the Department of Personnel & Training (DOPT) could take over a year for obtaining the approval of Appointments Committee of Cabinet.

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