Central Bank of India central bank of india has promoted Partha Sarathi K Naidu to the position of General Manager-Strategy, effective August 1, 2026. The promotion elevates a senior executive with 34 years of industry experience, strengthening the bank’s strategic leadership team. This internal appointment ensures continuity in the bank’s strategic planning functions while leveraging Naidu’s extensive operational background across key regional markets.

The intimation was filed with the National Stock Exchange of India Limited and BSE Limited on August 1, 2026, pursuant to Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Chandrakant C Bhagwat, Company Secretary & Compliance Officer of the bank.

Appointment Details

Partha Sarathi K Naidu succeeds his previous role as Deputy General Manager of the Strategy Department at the Central Office in Mumbai. His new designation as General Manager-Strategy reflects an elevation within the bank’s senior management hierarchy. The effective date of the change is August 1, 2026.

Professional Profile

Naidu is 58 years old and joined Central Bank of India in 1991. He holds a Bachelor of Commerce degree and is a Certified Associate of the Indian Institute of Banking and Finance (IIBF). Over his 34-year career in the banking industry, he has held significant leadership roles, including serving as the Regional Head for both the Rajkot and Bangalore regions. His prior experience in these diverse geographical markets provides him with broad operational insights relevant to his new strategic role.

The bank stated that there are no relationships between Naidu and the directors that require disclosure under the applicable regulations. The information regarding this management change is also available on the bank’s investor relations website.

Central Bank of India has appointed Shri Rajesh Ranjan as Shareholder Director on its Board, effective August 1, 2026. The appointment, made under Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, carries a three-year term concluding on July 31, 2029. This move strengthens the bank’s governance framework by adding a director with extensive experience in vigilance administration and fraud risk management.

The Board approved the appointment following procedural compliance with regulatory norms. Central Bank of India submitted the intimation to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that Ranjan is not debarred from holding office by SEBI or any other authority, as per the SEBI letter dated June 14, 2018.

Director Profile and Experience

Shri Rajesh Ranjan is a retired Indian Police Service (IPS) officer with a Master’s Degree in Arts (English Literature). He possesses 36 years of professional experience spanning law, human resources, fraud risk management, corporate governance, vigilance administration, compliance, and Anti-Money Laundering/Terrorist Financing (ALM/TF). His career includes tenures in Public Sector Undertakings and various Central Armed Police Forces.

Ranjan currently serves as an Independent Director on the Board of DME Development Limited. Previously, he served as a Director at IFFCO-TOKIO General Insurance Company Ltd and as Chief Vigilance Officer at GAIL India Ltd. His background aligns with the bank’s focus on robust internal controls and regulatory adherence.

Key Appointment Details

The appointment does not involve any change in the bank’s capital structure or dividend policy. It represents a routine governance update aimed at ensuring independent oversight and expertise in risk management within the Board composition.