As many as seven General Managers of Nationalized Banks have been promoted to the post of Executive Director. The officers are:
- Ravindra Marathe shifted from Bank of Baroda to Bank of India.
- K. V. R. Moorthy, Bank of Baroda
- Haridesh Kumar shifted from Vijaya Bank to Canara Bank
- N. K. Sahooshifted from Canara Bank to Allahabad Bank
- Chanran Singh shifted from Bank of India to UCO Bank
- R. C. Lodha shifted from Union Bank to Central Bank of India
- R. S. Pandey shifted from