Shri Suresh N. Patel took oath as Vigilance Commissioner. Following social distancing norms, he was administered the oath of office by Shri Sanjay Kothari, Central Vigilance Commissioner on video link.
Daily Current Affairs Quiz 2020
Key-Points
The tenure of Vigilance Commissioner is of four years or till the incumbent attains the age of 65 years.
The Central Vigilance Commission can have a Central Vigilance Commissioner and two Vigilance Commissioners.
Suresh N. Patel had over 30 years of experience in the banking sector. He was the Managing Director & CEO of Andhra Bank and was an Executive Director in the Oriental Bank of Commerce.
He held various positions including being a member of Management Committee, Indian Banks’ Association; Member, Bankers’ Institute of Rural Development, National Bank for Agriculture and Rural Development (NABARD); President, State Level Bankers’ Committee, Andhra Pradesh and President, Bankers’ Institute of Rural & Entrepreneurship Development.
Also, he is a Permanent Invitee to the Board for Regulation and Supervision of Payment and Settlement Systems (BPSS) of RBI. He also served as a member of the Advisory Board for Banking and Financial Frauds (ABBFF) prior to his appointment as Vigilance Commissioner.
