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Nidhu Saxena Appointed as MD and CEO of Bank of Maharashtra


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The Ministry of Finance appointed Nidhu Saxena as the Managing Director and Chief Executive Officer of the Bank of Maharashtra on March 27. Nidhu Saxena is currently serving as the Executive Director of Union Bank of India. She will be replacing AS Rajeev, who was selected as the Vigilance Commissioner in the Central Vigilance Commission (CVC).

The Bank of Maharashtra issued a regulatory filing stating that the Department of Financial Services, through a notification (no. 13/8/2016-BOI) dated February 22, 2024, officially announced the appointment of AS Rajeev as the Vigilance Commissioner in the CVC.

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