P. L. Gairola (born 15 December 1948, was the chairman and managing director (CMD) of Dena Bank, a leading

commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with cor ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. He was appointed to this position by the

Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...

(GoI), and assumed the charge of the bank as its CMD on 17 May 2006. Before being appointed as the CMD of Dena Bank, Gairola was the executive director of Bank of India, where he had assumed this office on 20 June 2005 upon being appointed by the GoI.The Economic Times
/ref> He is an

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

, and he has worked as a lecturer in

Delhi University Delhi University (DU), formally the University of Delhi, is a collegiate university, collegiate Central university (India), central university located in New Delhi, India. It was founded in 1922 by an Act of the Central Legislative Assembly and ...

in early 1970s. In 1973, he joined the

Union Bank of India Union Bank of India, commonly referred to as Union Bank or UBI, is an Indian public sector bank headquartered in Mumbai. It has 120+ million customers and a total business of US$106 billion. After the amalgamation with Corporation Bank and An ...

, where he worked in different capacities including as the Branch Manager, the Zonal Manager and the General Manager. Before he was moved to BoI, he was heading the Credit and the Social Banking Division of the Union Bank of India. He was also associated with a number of committees of that bank for formulating policies and guidelines. He had also worked as the Principal of Union Bank of India's training facility for two and half years, and during his tenure as the principal the training facility, the facility received ISO certification. For some time, he was also a member of the Core group of the Energy Efficient Project of the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...

. As a member of the core group, he visited

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

in 2004 under the cross country exchange program of the core group. In 1998, he had participated in the advanced banking training program organized by the

Barclays Bank Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

. In 2003, he had been a member of an international Seminar of the bankers and financial institutions at

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

. The Seminar was organized by the

Citi Bank Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Ba ...

References

1948 births Living people Indian bankers {{India-business-bio-stub