Section 73B(15) in Andhra Pradesh Co-Operative Societies Rules, 1964
(15)Committee for selection of Chief Executive Officers of Cooperative Central Banks & Andhra Pradesh State Cooperative Bank. - The Board of the bank shall appoint the Chief Executive Officer as per the criteria prescribed by Reserve Bank of India/National Bank for Agriculture and Rural Development and should also undertake a process of due diligence in respect of the person relying on the information obtained from him /her before appointment. In case the Boards seek professional inputs by engaging the selection Committee, the Board should specifically pass a resolution for engaging the Selection Committee including composition of the committee.Committee for selection of Chief Executive Officers of Cooperative Central BanksPresident of Cooperative Central Bank,Managing Director/Chief Executive Officer of Andhra Pradesh State Cooperative Bank,Chief General Manager/Officer-in-charge of National Bank for Agriculture and Rural Development andProfessional Director of the respective Cooperative Central Bank Board.Committee for selection of Chief Executive Officers of Andhra Pradesh State Cooperative BankPresident of Andhra Pradesh State Cooperative Bank,Principal Secretary, Finance Department,Principal Secretary, Agriculture & Cooperation DepartmentChief General Manager/Officer-in-charge of National Bank for Agriculture and Rural Development and Professional Director of the Board of Andhra Pradesh State Cooperative Bank.
