Mr. M.V. Tanksale assumed charge as Chairman and Managing Director of Central Bank of India on June 28, 2011.
Mr. Tanksale is backed by professional credentials like Associate member of the Institute of Cost & Works Accountants of India (AICWA); Company Secretary (Inter) of the Institute of Company Secretaries of India; CAIIB; a Bachelor degree of Science and a Master degree in English Literature.
He joined the Union Bank of India as an Assistant Manager on August 26, 1974 at Gwalior and elevated to the rank of General Manager of the same Bank. Mr. Tanksale was Executive Director of Punjab National Bank from March 26, 2009 to June 27, 2011.
As a Visionary Banker for a span of more than 36 years, he has held several important fields and administrative positions, such as Deputy/Head - Credit Monitoring, International Banking and Planning, Research & Development, etc.
He also made extensive efforts in promoting e-banking products and third party products, viz., insurance and mutual funds, etc. In his last assignment as General Manager – he had set up ‘Transaction Banking Division’ of the bank, wherein on the strength of technology based platform, the bank could put forth a wide array of products and services for the customers.
As Executive Director in Punjab National Bank, Mr. Tanksale had effectively driven functional areas like Planning & Development, Marketing , Human Resources, Priority Sector & Financial Inclusion, IT, Inspection & Audit, Risk Management Division, Treasury Division, International Banking Division, Recovery Division, Financial Inclusion etc.. After the exit of Dr K.C Chakrabarty as Deputy Governor RBI in June’09 and prior to joining of Mr. K.R. Kamath the present CMD, Mr. Tanksale headed the bank successfully for a brief period of 4 months.
Mr. Tanksale will be sharing his views on the need for consolidation in Indian Banking space during Session I - “Banking in India Undergoing Metamorphosis” of the Symposium.
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