Mr. Ashwani Kumar, a veteran banker, has taken over as Chairman and Managing Director of Dena Bank effective January 1, 2013 for a period of five years. A versatile banker, Mr. Ashwani has a rich banking experience of over 31 years serving in Allahabad Bank and Corporation Bank.

Prior to joining Dena Bank, Mr. Ashwani was the Executive Director of the Corporation Bank since December 1, 2010. His tenure in Corporation Bank spread over 2 years providing a distinct direction to the growth of the Bank. Before his elevation to the post of Executive Director, he was working as Field General Manager, New Delhi looking after business development of Bank's eight Zones in North.

Mr. Ashwani, who has a post graduate Masters Degree in Chemistry, is a Certified Associate of Indian Institute of Bankers and joined Allahabad Bank in 1981 as Probationary Officer at Lucknow.