On Wednesday, State-owned Canara Bank announced that former Syndicate Bank MD and CEO, Mrutyunjay Mahapatra has been appointed as Officer on Special Duty, on a supernumerary basis.
In a regulatory filing, dated April 13th, the central government appointed Mr. Mahapatra to this position. His appointment is in effect from the date in which he assumes office till the age of superannuation which is on the May of 5th,2020. This effectively makes him an interim officer until that date or arrival of further orders, whichever comes first.
Mr. Mahapatra will be joining the bank in a tumultuous period for our country as the coronavirus pandemic has made the Indian Economy grind to a halt.