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Time of India

Ganni Veeranjaneyulu named chairman of Andhra Pradesh State Cooperative Bank

Vijayawada: Former MLA Ganni Veeranjaneyulu from Eluru district has been named the next chairman of the cooperative apex bank — Andhra Pradesh State Cooperative Bank (Apcob). Veeranjaneyulu secured the top post amidst stiff competition from former minister Nettem Raghuram (NTR district) and Makkena Mallikarjuna Rao (Guntur district), all three hailing from the Kamma community. The Apcob chairman enjoys cabinet rank status. Chief Minister N Chandrababu Naidu cleared Ganni Veeranjaneyulu's appointment as chairman of the Eluru District Cooperative Central Bank (DCCB) on Sunday and subsequently elevated him to APCOB chairman. Veeranjaneyulu previously served as the MLA from Ungutur constituency between 2014 and 2019. The chief minister also finalised appointments for DCCB chairpersons in three districts — Eluru, Prakasam, and Kakinada — thereby completing the process across all 13 districts. Operation Sindoor 'Our job is to hit target, not to count body bags': Air Marshal Bharti on Op Sindoor Precautionary blackout imposed across parts of Rajasthan, Punjab 'Indian Navy was in position to strike Karachi': Vice Admiral on Operation Sindoor Previously, DCCB and District Cooperative Marketing Society (DCMS) chairpersons were appointed in 10 districts. District cooperative bank chairpersons elect the Apcob chairman, while DCMS chairpersons elect the Markfed chairperson, the state's apex agricultural marketing agency. Party insiders initially believed that former minister and veteran leader Nettem Raghuram was the front-runner for the Apcob post after being named NTR district DCCB chairman last fortnight. Raghuram served as the excise minister in Naidu's cabinet from 1999 to 2004 and is a three-time legislator from Jaggaiahpet. He currently serves as the NTR district TDP president. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 10-Month-old is battling for his life and only you can save him! Give Hope India Donate Now Undo His prospects seemed bright due to the lack of cabinet representation for NTR district. Likewise, Makkena Mallikarjuna Rao — recently named Guntur DCCB chairman and a former MLA from Vinukonda — was considered a contender, as Palnadu district also lacks cabinet representation. However, the chief minister ultimately preferred Ganni Veeranjaneyulu, reportedly considering the political dynamics in the Godavari districts, where the TDP had sacrificed several seats to its ally, Jana Sena. Sources indicate that TDP national general secretary and HRD Minister Nara Lokesh played a key role in the selection, aiming to strengthen party leadership in regions where Jana Sena has more MLAs. The absence of cabinet representation from the Kamma community in the Godavari districts is also believed to have influenced the decision in Ganni's favor. Meanwhile, the Chief Minister appointed Kamepalli Sitaramaiah (TDP) as the Prakasam DCCB chairman and Tummala Ramaswamy Babu (Jana Sena) as the Kakinada DCCB chairman. Naidu also approved the names of Chaganti Muralikrishna (Jana Sena) as Eluru DCMS chairman, Kasireddy Syamala (TDP) as Prakasam DCMS chairperson, and P. Chandramouli as Kakinada DCMS chairman. Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !