Private sector lender DCB Bank has appointed Rupa Devi Singh as its new part time chairman post the retirement of Nasser Munjee from that role.

The bank informed the BSE that the Board of Directors approved the appointment of Rupa Devi Singh, independent director, as non-executive (part-time) chairman.

Singh's appointment will be effective from the date of receipt of the RBI approval.

Rupa Devi Singh has been a non-executive independent director of the bank from January 22, 2015.

Also, She has over 35 years of experience in various sectors viz. commercial banking, project structuring, infrastructure, etc and was the founding managing director and CEO of Power Exchange India (PXIL). Prior to joining PXIL, she worked with CRISIL as director – Power Practice and subsequently, as director, Corporate & S E Asia at CRISIL.