Answer & Explanation
D) Ajay Vipin Nanavati
The Appointments Committee of the Cabinet has approved Ajay Vipin Nanavati appointment as Non-Official Director/Non-Executive Chairman in Syndicate Bank for three years. Melwyn Rego as MD & CEO of Syndicate bank.
As the chairman became responsible for overall policy directions, the managing director and chief executive officer became the executive head, accountable for day-to-day functioning of the bank.