Rakesh Sethi takes over as new CMD of Allahabad Bank

New Delhi, March 14, 2014: Rakesh Sethi has become the new chairman and managing director of Allahabad Bank.

“Allahabad Bank has informed BSE that theGovernment of India…have appointed Rakesh Sethi as Chairman and Managing Director of the Bank with effect from the date of his taking over the charge,” it said in a regulatory filing.