Mr. S. K. Jain New CMD of Syndicate Bank

New Recruitment for Public Sector Bank CMD's. The government today appointed S K Jain as Chairman and Managing Director (CMD) of Syndicate Bank while S B Mainak as Managing Director of LIC.

Mr. S. k. Jain was Executive Director of Bank of Baroda. He has been appointed as CMD for a period of five years, an official statement said.

As for LIC, the statement said that Mainak, an Executive Director of the country' largest life insurer, has been appointed as Managing Director till February 29, 2016.