Bank of the West Gets New CEO

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Indian-American Nandita Bakshi has been appointed the President and Chief Executive Officer of Bank of the West, a unit of French banking giant BNP Paribas.

current affairsMs Bakshi, 57, will replace Michael Shepherd as Bank of the West’s next President and Chief Executive Officer (CEO) and is expected to join the bank as a CEO-in-training on April 1 and will take the helm officially on June 1.

She earned a bachelor’s degree in History at the University of Calcutta and a masters in International Relations and Affairs at Jadavpur University.

A New England News ‘Woman of the Year’ award recipient in 2002, Ms Bakhshi also serves on the board of the Consumer Bankers Association.

Bank of the West’s parent company BNP Paribas is revamping its US operations to meet new regulations.

She also held executive positions at Washington Mutual in Seattle which is now JP Morgan Chase; FleetBoston, which is now Bank of America; First Data Corp, Home Savings of America and Banc One Corp.

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