In terms of section 9 (3)(f) of Banking Companies (Acquisition & Transfer of Undertakings) Act 1980 read with clause No.9 (1) and (2) of Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, one director on the Board of Corporation Bank is appointed by the Government of India (Ministry of Finance, Banking Division) to represent the officer employees. He should be a serving officer. The candidate is selected from the panel suggested by the officers' association which has majority strength. The nominee director's term is 3 years.
The following is the list of Officer-Directors:
Position in CBOO at the time of appointment
Term: From -To
T R Bhat General Secretary Jul 1991 - Dec 1994 N Balasubramaniam Vice President Dec 1994 - Jun 1995 * K Venugopal Vice President Apr 1999 - Sep 2002 D N Prakash General Secretary Mar 2003 - Aug 2008 T R Bhat Chairman Sep 2008 - Dec 2009** Kaushik K Ghosh General Secretary Apr 2010 - Apr 2013 Ekanath Baliga General Secretary Oct 2013 – Oct 2016
* Died in harness
** Retirement from Service