Canara Bank announced the extension of Shri Bhavendra Kumar’s term as Executive Director until his superannuation on October 31, 2027. This extension, effective from November 1, 2026, follows a notification from the Department of Financial Services, Ministry of Finance. Shri Kumar, who joined Canara Bank in 1997, brings extensive experience in various banking roles and leadership positions, including his recent heading of the Gold Loan Wing and Delhi Circle Office.
Leadership Continuity at Canara Bank
Canara Bank has officially announced the extension of the term of office for its Executive Director, Shri Bhavendra Kumar. The extension is granted until his date of superannuation, which is scheduled for October 31, 2027, or until further orders, whichever occurs earlier. This decision, effective from November 1, 2026, supersedes his currently notified term ending on October 8, 2026.
Profile and Experience
Shri Bhavendra Kumar commenced his journey with Canara Bank as a Probationary Officer on March 10, 1997. He holds a Bachelor of Arts (Hons) degree and is a Certified Associate of the Indian Institute of Bankers (CAIIB). His career with the bank has spanned various capacities across multiple states, including significant contributions in the Shanghai Branch. Before his current role, he headed the Gold Loan Wing at the Bengaluru Head Office and led the Delhi Circle Office, managing business exceeding ₹2.5 lakh crore. He was promoted to Chief General Manager in 2021 and subsequently elevated to the position of Executive Director on October 9, 2023.
Governance and Disclosure
The extension of Shri Kumar’s term has been approved by the Department of Financial Services, Ministry of Finance, Government of India, vide its Notification No. eF. No. 4/ I (ii)/2025-BO.I dated September 23, 2026. The bank has confirmed that Shri Bhavendra Kumar is not related to any of the Directors of the Bank and is not debarred from holding the office of Director by any SEBI order or other regulatory authority.
Source: BSE
