Enni Sankar Rao has been elected as the 18th president of the Paralakhemundi Urban Cooperative Bank. Along with him, seven other members have been elected to the board; two members nominated by the Government. This was formally announced by Election Officer Narayan Sethy. Rao was the only candidate for the post. Among those present were BJD district president and ex-president of Urban Cooperative Bank Pradip Nayak and senior party leader Basant Dash.