PNB submits profile of new director Divesh Sehara
- Shri Divesh Sehara appointed as GoI Nominee Director effective September 10, 2026
- IAS Officer of 2005 Batch, currently Joint Secretary at DoF, Ministry of Finance
- Replaces Shri D. Anandan on the board
- Profile submitted to exchanges under SEBI LODR Regulations 30 and 51
*this image is generated using AI for illustrative purposes only.
Punjab National Bank has submitted the detailed profile of Shri Divesh Sehara to stock exchanges. He was appointed as a Government of India Nominee Director on the Board effective September 10, 2026.
The filing was made in compliance with Regulation 30 and Regulation 51 of the SEBI (LODR) Regulations, 2015. It follows the bank’s earlier intimation regarding his nomination.
Director Profile
Shri Divesh Sehara is an Indian Administrative Service (IAS) Officer of the 2005 Batch belonging to the Bihar Cadre. He currently serves as Joint Secretary in the Government of India’s Ministry of Finance, Department of Financial Services.
His tenure as director continues until further orders. The appointment replaces Shri D. Anandan, who ceased to be a director upon this nomination. The Board made the appointment under Section 9(3)(b) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
The bank confirmed there is no inter se relationship between Shri Sehara and other directors. He is not debarred from holding office by any SEBI order or other authority.
Historical Stock Returns for Punjab National Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.09% | -7.38% | -5.05% | +8.96% | -2.89% | +173.24% |
How might Shri Divesh Sehara's background in the Department of Financial Services influence Punjab National Bank's regulatory compliance and strategic alignment with government financial policies?
What specific operational or governance reforms can investors expect from PNB under the new director's tenure, particularly regarding asset quality improvement?
Does this board change signal a broader shift in the Government of India's approach to managing public sector banks, and could similar appointments occur in other major PSBs?
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