Union Bank of India MD & CEO Rajkiran Rai elected as IBA Chairman

Indian Banks' Association (IBA) has announced that Union Bank of India MD and CEO Rajkiran Rai G has been elected as IBA Chairman for the term 2020-21. Rai succeeds Rajnish Kumar as the IBA Chairman after Kumar retired as SBI Chairman. Dinesh Khara, who took over as SBI Chairman on October 7, has been appointed as Deputy Chairman of IBA.