Shubhalakshmi Panse took charge as chairman and managing
director of state run Allahabad Bank replacing J P Dua who had retired in
August. Ms. Panse assumed the charge of CMD with effect from October 1, the
bank informed the BSE.
Earlier she was working as a Executive Director of Vijaya
Bank. Panse was responsible for the administration and business development of
Vijaya Bank for a period of two years.
Panse, who joined Bank of Maharashtra as probationary
officer, has worked in almost all key segments of banking including recovery,
credit, fund management, law, accounts, IT and business process re-engineering,
said a press statement issued by Allahabad Bank.
She has got a MSc and diploma in business management and
masters in management science from University of Pune. She has also done CAIIB
and MBA from Drexel University, USA. She will be at the helm of the Kolkata
based bank till January 2014.
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