PNB Gilts Ltd. appointed Sh. Ashutosh Choudhury, Group Chief Risk Officer & Chief General Manager of Parent Bank, as an Non- Executive Non Independent Additional Director of the company with effect from the date of allotment of Director Identification Number by Ministry of Corporate Affairs. He has long experience in handling Risk Management functions including implementation of Basel II & Basel Ill framework, credit risk rating model, scorecard, formulation of Policy and SOP related to risk, credit & operation, Operational Risk, Fraud Risk, implementation of Stress Testing & ICAAP framework, ALM, Liquidity Risk, Interest Rate Risk, Forex Risk, Concentration Risk, RAROC framework and Risk Based Pricing Mechanism etc.