Eminent banker N. Patel takes oath as Vigilance Commissioner

New Delhi, April 29 (SocialNews.XYZ) Eminent banker N. Patel on Wednesday was sworn-in as Vigilance Commissioner.

Following social distancing norms, Patel was administered the oath of office by Central Vigilance Commissioner Sanjay Kothari on video link.

The swearing-in ceremony was attended by Vigilance Commissioner Sharad Kumar, the Commission's Secretary and other senior officers.

With over three decades of experience in the banking sector, Patel was the Managing Director and CEO of Andhra Bank and was an Executive Director in the Oriental Bank of Commerce.

He had been a member of the Indian Banks Association's Management Committee, and the Bankers' Institute of Rural Development, NABARD, President, State Level Bankers' Committee, Andhra Pradesh and President, Bankers' Institute of Rural & Entrepreneurship Development.

He was a permanent invitee to the Board for Regulation and Supervision of Payment and Settlement Systems (BPSS) of the RBI and a member of the Advisory Board for Banking and Financial Frauds (ABBFF) prior to his appointment as Vigilance Commissioner.

The tenure of Vigilance Commissioner is of four years or till the incumbent attains the age of 65 years. The Central Vigilance Commission has a Central Vigilance Commissioner and two Vigilance Commissioners.

Source: IANS

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