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New top management changes in Indian banks

December 9, 2009‐ Chennai, India

J P Dua took charge as the new Chairman & Managing Director of the Allahabad Bank effective December 4, 2009. Earlier to this, Dua is serving Executive Director. Before joining Allahabad Bank in November 2007, Dua served the Oriental Bank of Commerce as its General Manager - Corporate Credit.

V Ramagopal took charge as the new Executive Director of Indian Bank effective December 7, 2009. Earlier to joining Indian Bank, he served the Andhra Bank.

Narendra Singh is appointed as the new Executive Director of Corporation Bank effective December 7, 2009. He will be serving the position till September 30, 2013 or till further notice.

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