Punjab cadre IAS officer-D S Bains frontrunner to lead PSB

Punjab cadre IAS officer-D S Bains frontrunner to lead PSBpunjab cadre IAS officer D S Bains, is mentioned as a front-runner for that post of CMD of PSB ( Punjab Sind Bank ). D S Bains name is placed for authorization of the Appointment Committee of the Cabinet (ACC), source near to the development said.

Mr Bains is presently serving as the Principal-Secretary in Punjab. The Chairman and Managing Director post in Punjab Sind Bank fell vacant following Mr G S Vedi retired in June this yr. Punjab Sind Bank is planning to come out with an ipo in the first fortnight of Dec 2010. Punjab Sind Bank will be the last nationalised bank’s to get listed in stock exchanges.

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