he will succeed SS Mallikarjuna Rao, which were recently extended till January 2022.
Heads of state-owned banks and financial institutions BBB interviewed 11 candidates for the post of MD and CEO.
The country’s second largest public sector lender.
“Keeping in view his performance at the interface, his overall experience and existing standards, the bureau has recommended Atul Kumar Goel for the post of MD and CEO of PNB,” BBB said in a statement.
The incoming Managing Director and Chief Executive will hold office for a period of three years from the date of entry into the office.
The name of the selected candidate will go to the Appointments Committee of the Cabinet (ACC) headed by the Prime Minister for final approval.
The BBB is headed by BP Sharma, former Secretary, Department of Personnel and Training.
The Secretary of the Department of Financial Services, the Secretary of the Department of Public Enterprises and the RBI Deputy Governor in charge of Banking are part of the BBB.
Other part-time members are Vedika Bhandarkar, former Managing Director of Credit Suisse; P Pradeep Kumar, former managing director of SBI; and Pradeep P Shah, founder managing director of rating agency CRISIL.
The government had in 2016 approved the formation of BBB as a body of eminent professionals and officials to make recommendations for appointment of whole-time directors of PSBs and state-owned financial institutions as well as non-executive chairpersons.