Canara Bank Limited announced the appointment of Ashok Kumar Dash as Functional Head of Stressed Assets and Management Wing of the bank. According to the bank’s exchange filing, “In furtherance to our above mentioned letter, it is informed to the Stock Exchanges that Shri. Ashok Kumar Dash, General Manager is appointed as Functional Head of…
State-run Canara Bank Limited announced the appointment of Bhavendra Kumar as Executive Director on the company’s Board, with effect from October 9, 2023. According to the Bank’s exchange filing, “In exercise of the powers conferred by the proviso to clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of…
The Government of India appointed K Satyanarayana Raju as MD and CEO of Canara Bank, with effect from February 7, 2023. He has replaced L V Prabhakar who demitted office on 31 December 2022. K Satyanarayana Raju has also served Canara Bank as Executive Director since 10th March 2021. K Satyanarayana Raju is a Physics…
Public lender Canara Bank announced the appointment of Hardeep Singh Ahluwalia as Executive Director, with effect from February 7, 2023. Hardeep Singh Ahluwalia, started his banking career as Agricultural Field Officer on 30.03.1992 at Allahabad Bank (now Indian Bank). He is a graduate in Agriculture and a Certified Associate of Indian Institute of Bankers. He…
Canara Bank Limited announced that L V Prabhakar has retired from the role of Managing Director and Chief Executive Officer of the Bank, with effect from December 31, 2022. According to the Bank’s exchange filing, “This is to inform the Exchanges that Shri L V Prabhakar, Managing Director & CEO of the bank has retired…
Canara Bank announced it has appointed Dibakar Prasad Harichandan to its Board of Directors, effective March 21, 2022. According to the company’s exchange filing, “the Central Government has nominated Shri Dibakar Prasad Harichandan (DoB: 08.07.1970) as part-time non-official director on the Board of Directors of Canara Bank, for a period of three years from the…
Canara Bank has appointed S K Majumdar, General Manager of the Bank, as the new Chief Financial Officer, effective from May 31, 2021, as per the regulatory filing. He will succeed V Ramachandra. According to the bank’s statement, Majumdar aged 52 years is a Chartered Accountant and Cost Accountant with vast banking experience of more than 21…
New Delhi based, MSME focused, digital lender Prest Loans has announced its association with Mr. Rajiv Kishore Dubey, Ex – CMD of Canara Bank as mentor and strategic advisor on its advisory board to strengthen its senior leadership team. Mr. Dubey was Executive Director of Central Bank of India before retiring as CMD of Canara Bank.…
Government e-Marketplace (GeM) has signed MoU with Indian Bank and Canara Bank. The MoU will facilitate a cashless, paperless and transparent payment system on the portal and would create an efficient procurement system for government entities. Through this partnership, both banks will be able to offer an array of services including transfer of funds through…