Central Bank of India appoints new MD and CEO, announces retirement

Shri Vivek Wahi ceased to be an executive director of Central Bank of India effective September 30, 2025, upon reaching superannuation. This change in the board's composition was disclosed in accordance with SEBI (LODR) Regulation 2015.

In a related development, the central government, via a notification dated September 30, 2025, appointed Shri Kalyan Kumar as the new managing director & chief executive officer of Central Bank of India. This appointment is effective immediately for a period of three years or until further orders.

Shri Kumar brings extensive experience, having previously served as an executive director of Punjab National Bank and chairman of its subsidiaries, PNB Gilts Ltd. and PNB Cards & Services Ltd. He is also a Certified Associate Member of the Indian Institute of Bankers and has completed leadership programs in collaboration with Harvard University.