Nupur Mitra to be next CMD of Dena Bank

The government has appointed Nupur Mitra as Chairman and Managing Director (CMD) of Dena Bank.

The notification of the appointment, to be effective November 1, 2011, has been released recently.

At present, Mitra is the Executive Director of the Chennai-based Indian Overseas Bank and will replace incumbent DL Rawal, who superannuates on October 31.

Mitra started her career with Bank of India in 1975 and served the bank in different capacities.

For the first quarter ended June, Dena Bank reported 21% jump in net profit to Rs 168.09 crore against Rs 138.79 crore in the same period a year ago.

Source: Business Standard