New Delhi [India], Feb. 27: After a multi-crore fraud case, the Punjab National Bank (PNB) on Tuesday appointed A.K. Pradhan as its Group Chief Risk Officer. Also Read - US Welcomes Steps Taken To Return J&K To Full Economic And Political Normalcy

The appointment was made in compliance with Securities and Exchange Board of India (SEBI) (LODR) Listing Regulations 2015. Also Read - Arrival Of 'Sticky Bombs' Sets Off Alarm Bells In Jammu And Kashmir | All You Need To Know

Earlier on Tuesday, the PNB reported fresh scam of Rs. 1251 crore by Gitanjali Gems, said Central Bureau of Investigation (CBI). Also Read - Mumbai's Arthur Road Jail Awaits Nirav Modi, Keeps Special Cell Barrack Number 12 Ready

The PNB scam involves celebrity jeweller Nirav Modi, his family members and Mehul Choksi, owner of Gitanjali Gems.