CMD of Bharatiya Mahila Bank Bharatiya Mahila Bank (BMB), the first women’s bank.

Usha Ananthasubramanian appointed as CMD of Bharatiya Mahila Bank

The Union Government appointed Usha Ananthasubramanian as the chairperson and managing director of public sector Bharatiya Mahila Bank (BMB), the first women’s bank.

Before joining BMB, she was an Executive Director with Punjab National Bank (PNB).

Usha Ananthasubramanian started her career in the actuarial department with LIC and banking career in February 1982 with Bank of Baroda.

She holds a master’s degree in statistics from the University of Madras and a master’s degree in ancient Indian culture from University of Mumbai.

During her tenure at Punjab National Bank, she was part of the panel formed for examination of the blueprint and other issues for setting up of the women’s bank. 

The panel’s report paved the way for India’s first public sector women’s bank.