Canara Bank has appointed Shri Brajesh Kumar Singh as its Managing Director & Chief Executive Officer (MD & CEO), effective June 1, 2026. The Central Government appointed him in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. Shri Brajesh Kumar Singh assumed charge on June 1, 2026, and will serve until the date of his superannuation on April 30, 2029, or until further orders, whichever is earlier.

Appointment Details

The appointment was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The key details are as follows:

Professional Background

Shri Brajesh Kumar Singh brings over 30 years of experience in the banking industry. Prior to this role, he served as Executive Director of Indian Bank from March 10, 2024, until his appointment as MD & CEO of Canara Bank. At Indian Bank, he oversaw verticals including Retail, MSME, Recovery, Credit Monitoring, Human Resource Management, Human Development, Resources and Government Relations, and Wealth Management.

Before joining Indian Bank, he was Chief General Manager HR at Bank of Baroda. He has also served as Director on the Board of Bank of Baroda UP Gramin Bank. His career includes strategic positions such as Credit Officer, Branch Head, Loan Factory Head, Regional Head, and Zonal Head, as well as an overseas tenure at Durban, South Africa.

Academic Credentials

Shri Brajesh Kumar Singh holds an Agriculture graduate degree from Allahabad Agriculture Institute and an MBA in Finance. He is a Certified Associate of the Indian Institute of Bankers and has completed the Executive Leadership Development Programme at IIM Bangalore.

Regulatory Compliance

The appointment complies with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Canara Bank confirmed that the appointee is not debarred from holding the office of Director by any SEBI order or other regulatory or statutory authority, in accordance with circulars issued by BSE Limited and National Stock Exchange of India Limited, both dated June 20, 2018.

Canara Bank has fixed Friday, June 12, 2026, as the record date to determine shareholder eligibility for a dividend of ₹4.20 per equity share, representing 210% of the face value of ₹2 each. The dividend will be paid to shareholders whose names appear on the Register of Shareholders or Beneficial Owners as on the record date, subject to approval at the Annual General Meeting (AGM). The payment will be made within 30 days from the date of declaration at the AGM via National Electronic Funds Transfer (NEFT) or National Electronic Clearing Service (NECS).

The 24th AGM of the Bank is scheduled to be held on Tuesday, June 23, 2026, at 11:00 A.M. through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The meeting will transact ordinary business, including the adoption of audited financial statements for the year ended March 31, 2026, and the declaration of dividend. Special business includes the approval of the appointment of Shri Sunil Kumar Chugh as Executive Director and Ms. Shalini Pandit as Government Nominee Director.

Key Meeting Dates

E-voting and Participation

Shareholders can cast their votes remotely through the e-voting facility provided by KFin Technologies Limited from June 19, 2026, to June 22, 2026. The e-voting rights of shareholders will be reckoned based on their equity shareholding as on the e-voting cut-off date of June 16, 2026. The Bank has appointed KFin Technologies Limited as the Registrar and Transfer Agent to facilitate the e-voting and e-AGM process.