Canara Bank announced the appointment of Shri Brajesh Kumar Singh as its new Managing Director & Chief Executive Officer (MD & CEO). This appointment, made by the Central Government, is effective from his assumption of charge on June 1, 2026. Shri Singh brings over 30 years of extensive banking experience to his new role, having previously served as Executive Director at Indian Bank.
Leadership Change at Canara Bank
Canara Bank has officially announced the appointment of Shri Brajesh Kumar Singh as its new Managing Director & Chief Executive Officer (MD & CEO). The appointment was made by the Central Government in exercise of the powers conferred by the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. Shri Singh, who was previously the Executive Director of Indian Bank, assumed charge of his new role on June 1, 2026.
Extensive Banking Experience
Shri Brajesh Kumar Singh’s tenure at Canara Bank will be effective from the date of his assumption of charge until his superannuation on April 30, 2029, or until further orders. He brings a wealth of experience, having served over 30 years in the banking industry. Prior to his current appointment, as Executive Director of Indian Bank since March 10, 2024, he oversaw various critical verticals including Retail, MSME, Recovery, Credit Monitoring, Human Resource Management, and Wealth Management.
Professional Background
Shri Singh holds an Agriculture graduate degree from Allahabad Agriculture Institute and an MBA in Finance. He is also a Certified Associate of the Indian Institute of Bankers. His career includes prior roles such as Chief General Manager HR at Bank of Baroda and has been instrumental in steering various strategic positions including Credit Officer, Branch Head, and Regional Head. He also has international exposure, having served overseas in Durban, South Africa. Additionally, he has served as a Director on the Board of Bank of Baroda UP Gramin Bank. He is not related to any of the existing Directors of Canara Bank and is not debarred from holding the office of Director by any regulatory authority.
Source: BSE
