The state-owned Bank of Maharashtra (BoM) announced on Thursday that the government has named A S Rajeev, former MD and CEO, as Central Vigilance Commission (CVC).
Prior to this appointment, A S Rajeev was the Managing Director and CEO of Bank of Maharashtra, a public sector bank.
Rajeev voluntarily retired from his position as Managing Director and CEO of the Bank of Maharashtra last week. According to a letter from the Department of Financial Services, the responsible body has accepted his request.
Under the CVC Act, the Central Vigilance Commission was expanded to three members: the Central Vigilance Commissioner and two Vigilance Commissioners.
“This is to inform that the Department of Financial Services vide notification no. 13/8/2016-BO.I dated February 22, 2024, has notified the appointment of A S Rajeev, MD and CEO of the bank, as Vigilance Commissioner in Central Vigilance Commission,” BoM said in a regulatory filing.
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