Central Bank of India has announced changes in its senior management team, effective December 1, 2025. The announcement includes the promotion of Shri Vasti Venkatesh to Chief General Manager, International Division, Treasury Department, the promotion of Shri P Mahadevan as General Manager – Retail Assets, the appointment of Shri Vivek Kumar as General Manager – Finance & Accounts, and the appointment of Ms. Kavita Thakur as General Manager – Compliance.
Senior Leadership Transitions
Shri Vasti Venkatesh has been promoted to the position of Chief General Manager, overseeing the International Division and Treasury Department. He brings over 30 years of banking experience and holds a Master’s degree in Business Administration (Banking and Finance). He is also a Certified Associate of the Indian Institute of Banking and Finance (IIB&F).
Retail Assets Division Leadership
Shri P Mahadevan has been promoted to General Manager – Retail Assets. With approximately 30 years of banking experience, he joined the bank in 1995. He holds a Bachelor of Commerce and a Master of Arts and is also a Certified Associate of IIB&F.
Finance and Accounts Appointment
Shri Vivek Kumar has been appointed as the General Manager of Finance & Accounts. He joined the Bank in 1999 and brings over 26 years of overall experience. He holds a Bachelor’s degree in Science, a Bachelor’s in Education, and a Master’s in Management Studies (Finance). He is also a Certified Associate of IIB&F. Previously, he led the Retail Asset Department.
Compliance Leadership Change
Ms. Kavita Thakur has been appointed as General Manager – Compliance. She has been with the bank since 1990 and has over 35 years of banking experience. She holds a Master of Arts (Economics) and a Master’s in Business Administration and is a Certified Associate of IIB&F. She previously served as the Zonal Manager of the Ahmedabad Zonal Office.
Source: BSE
