Rajkiran Rai elected as Chairman of IBA

Rajkiran Rai G, the Managing Director and CEO of Union Bank of India has been elected as the Chairman of Indian Banks’ Association (IBA) for the term 2020-21.
Rai succeeds Rajnish Kumar as the IBA Chairman after Kumar recently retired as SBI Chief.
Apart from this, Dinesh Kumar Khara, the Chairman of State Bank of India has been elected as the deputy chairman of the association.
Indian Banks' Association (IBA), formed on 26 September 1946 as a representative body of management of banking in India operating in India.