Canara Bank Board of Directors | Guiding Excellence in Banking

Managing Director & Chief Executive Officer

Shri K Satyanarayana Raju

Managing Director & Chief Executive Officer

Shri K Satyanarayana Raju

Managing Director & Chief Executive Officer

Shri K. Satyanarayana Raju is a Physics graduate, post graduate in Business Administration (Banking and Finance) and CAIIB.

He has joined erstwhile Vijaya Bank in 1988 and has risen to the level of Chief General Manager in Bank of Baroda. During his tenure at erstwhile Vijaya Bank (Bank of Baroda), he has headed various branches including specialized corporate banking branch. He has served as Regional Head of various regions and also served as Zonal Head of Mumbai zone of the amalgamated Bank of Baroda. He has also headed operations and services department at Head Office. He has served as a Director in BoB Financial Solutions Limited, subsidiary of Bank of Baroda. He was also a member of the steering committee of BOB-IIT Bombay Innovation Centre.

Shri K. Satyanarayana Raju took charge as Executive Director of Canara Bank on 10th March 2021 and has overseen various verticals in Canara Bank including information technology & digital banking, business analytics & information system, inspection, compliance, priority credit, financial inclusion, gold loan, MSME, retail asset, corporate credit, general administration, marketing & public relations, etc. He is also a director on the Board of Canara HSBC Life Insurance Company Limited and Canara Computer Services Limited.

He has rich experience in all segments of banking including branch banking, corporate credit, retail credit, MSME, agri financing, credit monitoring, recovery, inspection, compliance, audit, general administration, information technology & digital banking, etc.

Shri K. Satyanarayana Raju has taken charge as Managing Director & CEO of Canara Bank on 07.02.2023.

Executive Directors

Shri Hardeep Singh Ahluwalia

Executive Director

Shri Hardeep Singh Ahluwalia

Executive Director

Shri Hardeep Singh Ahluwalia, started his banking career as Agricultural Field Officer on 30.03.1992 at Allahabad Bank (now Indian Bank). He is a graduate in Agriculture and a Certified Associate of Indian Institute of Bankers. He has Certification in Credit Management from NIBM Pune & Diploma in Computer Applications in Financial Management.

He has rich banking experience for more than three decades in various functional areas of Banking system (Rural/Semi-Urban/Urban/Metro geographies) in India and abroad (HK) more particularly in strategic positions as Lead District Manager, Head of the International Branch, Zonal Head, Chandigarh & FGM/CGM Kolkata and various other verticals at administrative offices. He has also contributed immensely to the Sports Field as the President of Indian Bank Cultural & Sports Committee.

His proven ability to build productive teams and deliver exceptional results was reflected in all his assignments. As an avid learner he has attended various training programmes and completed Leadership Development Programme of IIM, Bangalore, curated by Banks Board Bureau in consultation with IBA.

Before his elevation as Executive Director of Canara Bank, he was General Manager of the Recovery Department at Corporate office of Indian Bank.

He has taken charge as Executive Director of Canara Bank on 07.02.2023.

Shri Bhavendra Kumar

Executive Director

Shri Bhavendra Kumar

Executive Director

Shri Bhavendra Kumar joined Canara Bank on 10/03/1997 as Probationary Officer. He holds a Bachelor of Arts (Hons) degree and a Certified Associate of Indian Institute of Bankers (CAIIB). During the course of banking career, he has worked in different capacities in different states such as Tamil Nadu, Gujarat, Uttar Pradesh, Karnataka & New Delhi. He has also worked in Canara Bank, Shanghai Branch for a period of 3 years.

On becoming General Manager in 2020, he was posted to the Head Office of the bank at Bengaluru and was heading the Gold Loan Wing of the Bank. He was promoted to Chief General Manager in 2021 and was heading Delhi Circle Office with a business of more than 2.5 lakh crore rupees until he was elevated to the post of Executive Director.

Shri Bhavendra Kumar reported to Head Office on 09.10.2023 and assumed charge of Executive Director of Canara Bank as per the Dept. of Financial Service notification eF. no. 4/1(vii)/2023 – BO.I dated 09.10.2023.

Shri S K Majumdar

Executive Director

Shri S K Majumdar

Executive Director

Shri S K Majumdar, aged 56 years, is an accomplished banking professional with over 25 years of extensive experience in the industry. He is a Chartered Accountant and Cost Accountant by qualification.

He has been associated with the bank since January 2000 and has served in various capacities across branches and administrative offices which includes project finance. Over the years, he has held key leadership roles, heading Large Corporate Branches, New York branch and Large Corporate Credit Wing. He has also served the bank as Circle Head, Delhi before taking charge as Group Chief Financial Officer (GCFO) of the bank till his elevation as Executive Director.

Shri Sunil Kumar Chugh

Executive Director

Shri Sunil Kumar Chugh

Executive Director

Shri Sunil Kumar Chugh, a Chartered Accountant and a Certified Associate of the Indian Institute of Bankers by qualification, has over three decades of banking experience. Beginning his career in 1993, he has risen through the ranks serving in five public sector banks - Punjab National Bank, Oriental Bank of Commerce, Union Bank of India, Punjab & Sind Bank and Dena Bank, gaining deep expertise through diverse functional roles and leadership responsibilities.

Over the years, he led key business and operations verticals, including Corporate Credit, Retail, Agri & MSME (RAM) Credit, Financial Inclusion, Stressed Assets Management and Credit Monitoring. He has headed Large Corporate Branches in Mumbai, Kolkata, and Ahmedabad. His roles have spanned Corporate Office, Administrative Offices and Branches, combining field-level exposure with strategic insights.

He has served as director on the board of M/s PNB Cards & Services Pvt. Ltd and M/s Swift India Domestic Services Pvt. Ltd.

Prior to assuming charge as Executive Director of Canara Bank, he headed Hyderabad Zone of Punjab National Bank.

Directors

Dr. Parshant Kumar Goyal

Director representing Government of India

Dr. Parshant Kumar Goyal

Dr. Parshant Kumar Goyal, IAS (Tripura 2007) presently on Central Deputation and working as Joint Secretary in Department of Financial Services, Ministry of Finance, Government of India dealing with Financial Inclusion (FI) and Digital Payments. During his tenure in the Department of Financial Services as Director, he had dealt with a variety of subjects including Agriculture Credit (AC) and Regional Rural Banks (RRBs).

He was earlier posted as Secretary to Chief Minister, Tripura with additional charges of Secretary, GA (C & C) Department and Secretary, Industries & Commerce Department. Dr. Parshant Kumar Goyal has done MBBS from Punjabi University. He also has a rich experience of working in Education sector in States of Punjab & Tripura.

Shri. Rohit P. Das

Director representing Reserve Bank of India

Shri. Rohit P. Das

Director representing Reserve Bank of India

Shri Rohit Das is the Regional Director, Reserve Bank of India, New Delhi. Prior to this, he was the Regional Director of Rajasthan. Shri Rohit Das has been pivotal in setting up the Enterprise Risk Management Framework in the Reserve Bank and has also worked in various Central Office Departments, Mumbai such as the Risk Department, Department of External Investments and Operations and the Department of Supervision. During his Supervisory stint, he was simultaneously the Senior Supervisory Manager of Kotak Group and IDFC Group. He also oversaw a project to strengthen offsite supervision through AI-ML. Shri Rohit Das has 26 years of experience in the Reserve Bank.

Ms. Nalini Padmanabhan

Part- Time Non Official Director

Ms. Nalini Padmanabhan

Part-Time Non Official Director

Ms. Nalini Padmanabhan, aged 60 years, is B. Com., FCA, DISA, CISA and a fellow member of the Institute of Chartered Accountants of India. She is a Practicing Chartered Accountant and a Senior Partner at B. Thiagarajan & Co Chartered Accountants, Chennai. She is having more than three decades of work experience and knowledge in Accounting, Auditing, Banking, Finance and various other industries. She has served as an Independent Director in NLC India Limited, NLC TamilNadu Power Limited. and Indradhanush Gas Grid Limited. She has also served as an Independent Director in State Bank of India (Chennai Local Board).

Ms. Abha Singh Yaduvanshi

Shareholder Director

Ms. Abha Singh Yaduvanshi

Shareholder Director

Ms. Abha Singh Yaduvanshi, aged 60 years, is BA Economics (Hons), MA (Economics) and Post Graduate Diploma in Business Administration (PGDBA) by qualification. She retired as Additional Secretary from Lok Sabha Secretariat. During her service she acquired knowledge & experience in Banking matters, Finance, Agriculture, Information Technology etc.

Ms. Abha Singh Yaduvanshi is presently a Shareholder Director of our Bank since 27.07.2022.

Shri Gunjeet Singh Pannu

Shareholder Director

Shri Gunjeet Singh Pannu

Shareholder Director

Shri Gunjeet Singh Pannu, aged 63 years, B.Com, FCA, LLB is a former Vice President of the Income Tax Appellate Tribunal (lTAT).

He has an overall experience of over 39 years, as a practicing professional and in an adjudicatory capacity, having served with ITAT, Ministry of Law & Justice, Govt. of India, a statutory quasi-judicial body. He has rich and diverse experience in the fields of Accountancy, Finance, Banking, Direct Taxes, Laws etc.

Shri B Raghavendra Rao

Shareholder Director

Shri B Raghavendra Rao

Shareholder Director

Shri B Raghavendra Rao, aged 62 years, a career banker, with over 33 years’ experience in all facets of Banking, retired as Deputy Managing Director (DMD) at State Bank of India, Corporate Centre, Mumbai.

He holds a Post Graduate Degree (M.Sc-Tech) in Instrumentation Engineering and also a Certified Associate of Indian Institute of Bankers. He has undergone on-site training courses in Business Management from Chicago School of Business in 2019 and from London School of Business in 2023.