CVR Rajendran was on 13 December 2013 appointed as the Chairman and Managing Director of Andhra Bank.
He was appointed by Union Ministry of Finance, Government of India. Rajendran is appointed for a period of five years or until superannuation, whichever is earlier. He is due to superannuate in April 2015.
Prior to this post, Rajendran was Executive Director of Bank of Maharashtra. Rajendran started his career in Corporation Bank, and has experience in international banking and investment banking, among other divisions. He also held the post of general manager of the treasury and information technology division of Corporation Bank.
About Andhra Bank
Andhra Bank is one of the Public Sector Banks in India. The Bank’s operating segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.
Andhra Bank was founded by the eminent freedom fighter Dr. Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced business on 28th November 1923. The bank is headquartered in Hyderabad, India.
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Who: CVR Rajendran
What: New CMD of Andhra Bank
When: 13 December 2013