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Uco Bank’s AK Goel joins PNB as officer on special duty

Atul Kumar Goel, who is slated to take over as managing director at from February, has joined the bank as officer on special duty (OSD) on the first day of the year as part of the bank’s succession plan.

SBI’s deputy managing director Soma Sankara Prasad joined

as its head to replace Goel, who was Uco Bank’s managing director for the past 38 months.

The Appointments Committee of the Cabinet (ACC) approved Goel as the next incumbent at the second largest public sector bank after State Bank of India.

He will serve PNB till the end of 2024, when he attains the date of his superannuation. Goel will replace CH. SS Mallikarjuna Rao, incumbent head of PNB. Rao will demit office at the end of January.

Goel, a career banker with three decades of professional banking experience behind him, is also the chairman of Indian Banks’ Association.

A qualified chartered accountant, he had earlier worked with two other banks — Allahabad Bank (now Indian Bank) and Union Bank of India.

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