Central Bank of India has appointed Shri Chandradeep Kumar Jha as a Government Nominee Director on its Board effective June 19, 2026. The appointment was made by the Central Government via Notification No. eF.No.6/2(i)/2022-BO.I, exercising powers under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. Shri Jha replaces Shri Baldeo Purushartha and will serve until further orders.

Shri Jha brings over two decades of experience in the Government of India, currently serving as Statistical Advisor in the Department of Financial Services, Ministry of Finance. He holds a Master's Degree in Statistics from the University of Delhi and has previously worked with the Ministries of Statistics and Programme Implementation, Commerce & Industry, and Home Affairs.

The new director has experience in data analysis, policy formulation, and infrastructure project monitoring. He also serves as a Government Nominee Director on the Board of India Infrastructure Finance Company Limited (IIFCL), a Part-time Member of Pension Fund Regulatory and Development Authority (PFRDA), and a member of the Board of Governors of Management Development Institute (MDI), Gurgaon.

The bank confirmed that Shri Jha is not related to any Directors or Key Managerial Personnel of the bank. It also verified that he is not debarred from holding the position of Director by SEBI or any other authority. The intimation was submitted to exchanges pursuant to Regulation 30 & 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

Appointment Details

Central Bank of India has rescheduled its 19th Annual General Meeting (AGM) to Friday, July 31, 2026, via Video Conferencing (VC) and Other Audio Visual Means (OAVM). Consequently, the bank has revised the specified cut-off date to Friday, June 26, 2026, to ascertain shareholders eligible to nominate, contest, and vote in the election for a Shareholder Director. The last date for the submission of nomination forms is now Thursday, July 16, 2026.

Election Details

The Board of Directors approved the election process to fill the vacancy of one Director from amongst shareholders other than the Central Government for a period of three years effective July 18, 2026. This action is pursuant to Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with the Banking Regulations Act, 1949, and other relevant regulations.

Corporate Governance Updates

The Notice of the 19th AGM along with relevant extracts of applicable laws, regulations, and forms for the election process will be made available on the bank's website in due course. Members holding shares in physical form who have not registered their email addresses can do so by submitting Form ISR-1 to the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, by June 26, 2026, to receive soft copies of the AGM notice and login details for e-voting.

These disclosures were submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chandrakant C Bhagwat, Company Secretary & Compliance Officer, signed the filing on behalf of the bank.