OREANDA-NEWS. March 29, 2012. Pursuant to the notification dated 27th December,2011 issued by Government of India, Shri. S.L. Bansal has been appointed as Chairman & Managing Director, Oriental Bank of Commerce. Shri Bansal assumed charge of the Bank w.e.f. 1st March, 2012. 

Born on 29th September, 1954, Shri Bansal is a Masters in Commerce with Cert. AIIB.

Shri Bansal started his career in 1975 as a Probationary Officer in Union Bank of India.  He has headed various Branches in Uttar Pradesh, Punjab, Chandigarh and Delhi. He was promoted to Executive Cadre in 1998. He has undertaken varied assignments at different places viz. Ahmedabad, North-Zone (Delhi), West Zone (Gujarat) and Mumbai Zone.

During his career spanning over 36 years in the Banking Industry, Shri Bansal headed various Regions viz. Ranchi (Jharkhand), Ahmedabad, Jalandhar and has headed one of the Bank’s Largest Branch i.e. Samachar Marg Branch, Mumbai.

Shri Bansal was promoted as General Manager in 2007 and has headed Field General Manager’s Office, Kolkata overseeing Bank’s Eastern Zone consisting of West Bengal, Orissa, Bihar, Jharkhand and North Eastern States viz. Assam, Arunachal Pradesh, Meghalaya, Sikkim and Tripura, etc.

Before taking up the assignment as Executive Director, United Bank of India, Shri Bansal was posted at Corporate Office of Union Bank of India in Mumbai and was heading Retail Banking Department. He was also overseeing Branch Expansion Project and Credit Monitoring Department of the Bank.

In April, 2010, Shri Bansal was elevated as Executive Director, United Bank of India.

Shri Bansal is an astute Banker of high repute. Dynamism and human approach are the hall-mark of his persona. In Banking Circle he is known for his expertise in matters of credit and operations and his leadership having clarity of the subject with very strong communication skills. He has a knack of diffusing crisis with practical solutions.

In recognition of his contribution towards the Bank, he was deputed for various Overseas Seminars and Training programmes.

Throughout his career, he has been known as dynamic leader and a true team-man.

Oriental Bank of Commerce presently has Business Mix of over Rs.2,62,000 crore with a Pan India network of 1748 Branches, 21 Extension Counters and 1 Representative Office abroad.