22 September 2016 Current Affairs: SS Mallikarjuna Rao has taken charge as executive director of Syndicate Bank. Prior to joining the bank, Rao was General Manager and CFO of Oriental Bank of Commerce (OBC), looking after alternate delivery channels, marketing and publicity.
He started his career as probationary officer in Bank of Maharashtra in 1985.
He has been a professional banker for over 31 years.
Syndicate Bank is one of the oldest and major commercial banks of India. It was founded by T M A Pai, Upendra Pai and Vaman Kudva. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited.
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