Usha Ananthasubramanian becomes first woman chairman of IBA

KOLKATA: Usha Ananthasubramanian, managing director at Allahabad Bank has become the first woman chairman of the Indian Banks’ Association, the 71-year old industry body for banks.

IBA announced that its managing committee on Thursday elected Ananthasubramanian as the chairman till August. She will be superannuating on August 31.

Before this, she was deputy chairman and Jatinder Bir Singh, chairman and managing director of Punjab & Sind Bank, was the chairman of the industry body till his retirement on December 31, 2017.


IBA has elected State Bank of India chairman Rajnish Kumar as deputy chairman.