Shri Brajesh Kumar Singh, Executive Director of Indian Bank, has been appointed as the new Managing Director & Chief Executive Officer of Canara Bank. The appointment, effective 01.06.2026, was made by the Central Government. Shri Singh will hold this position until his superannuation on 30.04.2029, or until further orders. He has consequently ceased his role as Executive Director at Indian Bank.
Leadership Transition at Canara Bank
In a significant development for the banking sector, Shri Brajesh Kumar Singh has been appointed as the new Managing Director & Chief Executive Officer of Canara Bank. This appointment, sanctioned by the Central Government, marks a new chapter for Canara Bank’s leadership. The formal notification, dated 01.06.2026, confirms the commencement of his tenure.
Appointment Details and Tenure
Shri Brajesh Kumar Singh’s appointment as MD & CEO of Canara Bank is effective from 01.06.2026. He is slated to serve in this capacity until he reaches the age of superannuation on 30.04.2029, or as per any subsequent directives, whichever comes first. This appointment signifies a strategic move by the government to leverage experienced leadership within the public sector banking domain.
Impact on Indian Bank
Consequent to his new role, Shri Brajesh Kumar Singh has officially ceased his duties as Executive Director of Indian Bank. This transition is being communicated to all relevant stakeholders for information and record purposes. The announcement highlights the dynamic nature of leadership appointments within India’s public sector banks.
Stock Exchange Notifications
Indian Bank has formally informed the National Stock Exchange of India Ltd. (NSE Symbol: INDIANB) and the Bombay Stock Exchange Ltd. (BSE Scrip Code: 532814) regarding this significant change in directorate. The notifications were dispatched on 01.06.2026.
Source: BSE
