Financial Services Institutions Bureau (FSIB), a single autonomous professional body, has recommended the names of as many as 5 candidates to form part of the Panel for FY25 from which executive directors’ vacancies will be filled in public sector banks (PSBs).

Between June 13-17, FSIB had interfaced with as many as 57 candidates from various PSBs.

The names recommended in the order of merit are Beena Vaheed; Rajeeva; S K Majumdar; D Surendran and Amit Kumar Srivastava.

It may be recalled that FSIB was set up as a single autonomous professional body tasked to search and recommend high-calibre persons for appointment as Wholetime directors (WTDs) and non-executive Chairpersons in public sector banks, public sector insurers, and financial institutions. FSIB had subsumed the Banks Board Bureau, which now ceases to exist.