This is a regulatory disclosure submitted to the National Stock Exchange of India Limited and BSE Limited regarding a change in the board composition of Central Bank of India.
Nature of the Event
The Bank has appointed Shri Rajesh Ranjan as a Shareholder Director on its Board.
Details of Appointment
- Effective Date: The appointment is effective from 01st August 2026.
- Term of Office: The term is for a period of three years, ending on 31st July 2029.
- Governing Authority: The appointment is made under Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
Director Profile: Shri Rajesh Ranjan
- Background: A retired Indian Police Service (IPS) officer.
- Qualifications: Holds a Master's Degree in Arts (English Literature).
- Professional Experience: Has an overall experience of 36 years in multiple domains including Law, Human Resources, Fraud Risk Management, Corporate Governance, Vigilance Administration, Compliance, and Asset-Liability Management/Treasury Functions (ALM/TF).
- Past Roles: Has worked in Public Sector Undertakings and various Central Armed Police Forces.
- Current Directorship: Is currently serving as an Independent Director on the Board of DME Development Limited.
- Past Directorships: Has previously served as a Director of IFFCO-TOKIO General Insurance Company Ltd and as the Chief Vigilance Officer of GAIL India Ltd.
Disclosure of Relationships
Shri Rajesh Ranjan is not related to any of the existing Directors or Key Managerial Personnel (KMP) of the Bank.
References
This disclosure references an earlier communication from the Bank, Letter No. CO:IRD:2026-27:111, dated 17th July 2026.