New chairman for NMGB

KANNUR: V.K. Saigal has taken charge as chairman of North Malabar Gramin Bank (NMGB) here.

Mr. Saigal had been working as Deputy General Manager of the recovery department at the Syndicate Bank corporate office before he took charge as chairman of NMGB here on May 20. A press release issued by NMGB here said his tenure as chairman would be two years.

Having joined the bank in 1977, Mr. Saigal had worked in various capacities in Port Blair, Kolkata, New Delhi, Thiruvananthapuram, Mumbai and Bangalore