The Appointments Committee of the Cabinet (ACC) has okayed the appointment of Atul Kumar Goel the new MD and CEO of Punjab National Bank (PNB). His appointment is effective from 01.02.2022.
Prior to this, he was the MD and CEO of UCO Bank. As per the development, he will be serving as MD and CEO, PNB up to the date of his retirement (i.e., 31.12.2024), or until further orders, whichever is earlier.
At his new position, Goel will be succeeding CH. S.S. Mallikarjuna Rao, incumbent MD & CEO of PNB, who is due to demit office at the end of January 2022.
He holds close to thirty years of experience in banking industry which includes working with in three lenders, namely, Allahabad Bank (now Indian Bank), Union Bank of India and UCO Bank.
He is a Chartered Accountant and initiated his banking career with Allahabad Bank (now Indian Bank) on March 27, 1992 as Specialist Officer in Scale II.