REAPPOINTMENT OF CMD

20 Feb 2007 11:44

UTI Bank Limited20 February 2007 REAPPOINTMENT OF SHRI P. J. NAYAK AS CHAIRMAN AND MANAGING DIRECTOR OF UTI BANK The Board of Directors of UTI Bank has at its meeting held today decided toreappoint Shri. P. J. Nayak as Chairman and Managing Director of the Bank for afurther period of two years with effect from 1st August, 2007 i.e. for theperiod 1st August, 2007 to 31st July, 2009. The appointment will be subject toapproval by the Administrator of the Specified Undertaking of Unit Trust ofIndia, and Reserve Bank of India and subject to confirmation by the shareholdersof the Bank at the next General Meeting. This information is provided by RNS The company news service from the London Stock Exchange