Central Bank of India has announced the extension of Shri Mahendra Dohare’s term as Executive Director for a period of three years. This extension, effective beyond his current term which expires on October 8, 2026, was approved by the Department of Financial Services, Ministry of Finance, Government of India. The decision aims to ensure continuity in leadership and strategic execution at the bank.
Leadership Continuity at Central Bank of India
Central Bank of India has received approval for the extension of Shri Mahendra Dohare’s tenure as Executive Director. The Department of Financial Services, Ministry of Finance, Government of India, issued a notification on September 23, 2026, extending his term for an additional three years. This extension is set to commence after his current tenure concludes on October 8, 2026, or until further orders are issued, whichever is earlier.
Impact of the Extension
This decision is significant for Central Bank of India, providing leadership stability and continuity in strategic initiatives spearheaded by Shri Dohare. The extension underscores the confidence placed in his leadership and contribution to the bank’s operational and strategic goals. Investors and stakeholders will note this development as a positive step towards consistent management and execution of the bank’s business plans.
The bank has informed the stock exchanges about this development as per the requirements of the SEBI (LODR) Regulations, 2015, ensuring transparency for its shareholders.
Source: BSE
