NEWS
Nidhu Saxena is new CEO of Bank of Maharashtra
Nidhu Saxena has been appointed as MD and CEO of Bank of Maharashtra for a period of three years; he moves in from Union Bank of India where he served as executive director.
Nidhu Saxena has been appointed as MD and CEO of Bank of Maharashtra for a period of three years; he moves in from Union Bank of India where he served as executive director.
Nidhu Saxena has been appointed as the managing director and CEO of Bank of Maharashtra for a period of three years, effective from 27 March 2024.
Saxena moves in from Union Bank of India where he served as executive director. He succeeds AS Rajeev who joined as Vigilance Commissioner in Central Vigilance Commission (CVC).
Saxena has over 26 years of experience working in diversified areas of banking. He started his banking career at Bank of Baroda and later moved to UCO Bank. He also has eight years of experience in the corporate sector before he started his banking career.
At Union Bank of India, Saxena was looking after treasury, domestic foreign business, international banking, human resources, stressed assets, retail assets, MSME, retail liabilities, CISO, wealth management and audit verticals.
He has been on the Board of Union Bank of India (UK) and Union Asset Management Company and has also been a member of the Academic Council of National Institute of Bank Management, Pune and Governing Body of Indian Institute of Bank Management, Guwahati.
