Punjab National Bank (PNB) has announced a change in its leadership. Effective September 30, 2025, Shri Kalyan Kumar has ceased to be the Executive Director of the Bank. Concurrently, he has been appointed as Managing Director & Chief Executive Officer (MD & CEO) of Central Bank of India. This change reflects a significant leadership transition within the banking sector.
Leadership Transition at PNB
Punjab National Bank (PNB) has officially announced a change in its Board of Directors, effective September 30, 2025. This announcement confirms a shift in executive responsibilities at the bank.
Executive Director Relieved
Shri Kalyan Kumar has ceased to be the Executive Director of Punjab National Bank on September 30, 2025. This change marks the end of his tenure in this role at PNB.
Appointment at Central Bank of India
Simultaneous with his departure from PNB, Shri Kalyan Kumar has been appointed as the Managing Director & Chief Executive Officer (MD & CEO) of Central Bank of India, also effective September 30, 2025. This represents a significant career advancement for Shri Kumar and a notable leadership change within the Indian banking landscape.
Source: BSE
