New Delhi: The Financial Services Institutions Bureau (FSIB) has announced the names of 11 candidates recommended for Executive Director (ED) positions in Public Sector Banks (PSBs) for the year 2025–26. The recommendations come after an intensive selection process, where 80 senior officers were interviewed between July 19 and August 4, 2025.
The FSIB, which functions as the central body responsible for selecting top-level management in PSBs and financial institutions, finalized the list based on candidates’ performance during interviews, overall banking experience, and eligibility under existing norms.
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List of Recommended Executive Director Candidates
As per the official notification issued on Monday (July 15, 2025), the following officers have been recommended for appointment as Executive Directors:
- Amit Kumar Srivastava
- E Ratan Kumar
- Amresh Prasad
- Pramod Kumar Dwibedi
- Sunil Kumar Chugh
- Mini T M
- Prabhat Kiran
- Sushanta Kumar Mohanty
- Uday Sankar Majumder
- Rajesh Kumar Singh
- A K Vinod
These officers are expected to take up leadership roles in various public sector banks, contributing to strategy, growth, digital transformation, and risk management in India’s banking ecosystem.
Strategic Importance of Executive Directors in PSBs
Executive Directors in public sector banks play a critical role in:
- Implementing board-approved business strategies
- Enhancing operational efficiency
- Strengthening compliance and regulatory frameworks
- Driving financial inclusion and digital innovation
- Ensuring asset quality and credit discipline
The new appointments are seen as pivotal in furthering the government’s agenda for reforms in the banking sector, especially in the lead-up to a more digitally resilient and customer-centric public banking infrastructure.
Next Steps
The appointments of these recommended candidates are subject to approval by the Appointments Committee of the Cabinet (ACC). Once approved, formal notifications will be issued by the Department of Financial Services (DFS) under the Ministry of Finance.
