The government has appointed Rajneesh Karnatak as CEO and Managing Director of Bank of India (BoI). With the appointment, Karnatak replaces Atanu Kumar Das who completed his three-year term in January this year. Furthermore, the government has appointed Debadatta Chand as head of Bank of Baroda (BoB). Chand, who's presently the ED of BoB, would assume charge on July 1.