Punjab National Bank (PNB) has announced a change in its senior management. Shri Nitil Pandya has retired from his position as General Manager, Group Business Management Division, Head Office, effective August 31, 2026, due to superannuation. Concurrently, Sh. Vijay Kumar has been appointed as the new General Manager, Group Business Management Division, Head Office, with effect from September 1, 2026. Sh. Vijay Kumar brings over 35 years of banking experience to his new role.
Leadership Transition at PNB
Punjab National Bank (PNB) has officially communicated a significant transition within its senior management team. Shri Nitil Pandya has retired from his role as General Manager, Group Business Management Division, at the Head Office. His retirement was effective as of August 31, 2026, on account of superannuation.
New Appointment and Profile
Following Shri Pandya’s retirement, the bank has appointed Sh. Vijay Kumar to the position of General Manager, Group Business Management Division, Head Office. This change is effective from September 1, 2026. Sh. Vijay Kumar previously served as the General Manager (In-charge) of the Group Business Management Division, Head Office. His professional background includes a Bachelor of Commerce degree and he is a Certified Associate of the Indian Institute of Bankers (CAIIB). Sh. Kumar possesses an extensive career spanning over 35 years in the banking sector, bringing a wealth of experience to his new responsibilities.
The bank has requested that these changes be taken on record.
Source: BSE
