Thursday, March 1, 2012

Syndicate Bank appointed Madhukant Girdharlal Sanghvi as its New Chairman

Public sector lender Syndicate Bank on 29 February 2012 appointed Madhukant Girdharlal Sanghvi as its new Chairman and Managing Director. Sanghvi would take the charge on 1 March 2012 after the superannuation of incumbent chairman Basant Seth.

Sanghvi, before this appointment, was the Executive Director of Bank of Maharashtra. In his 31-year long career in banking he has been attached with various banking organisation in different capacities.
Sanghvi started his banking career in 1980 with Bank of Baroda. He later moved to Dena Bank and went on to become a General Manager of bank in 2003. Sanghvi was appointed the Executive Director of Bank of Maharashtra in 2008.

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