Central Bank of India Appoints Statutory Central Auditors for FY2025-26

Central Bank of India has announced the appointment and re-appointment of statutory central auditors for the financial year 2025-26, effective December 2025. The appointments were made following receipt of approval from the Reserve Bank of India, as disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Auditor Appointments for FY2025-26

The bank has appointed four chartered accountant firms as statutory central auditors, with three continuing from previous terms and one new appointment. The appointed firms include:

Firm Name	Status
M/s ADB Co., Chartered Accountants, Raipur	Continuing SCA
M/s Amit Ray Co., Chartered Accountants, Prayagraj	Continuing SCA
M/s Jain Paras Bilala Co., Chartered Accountants, Jaipur	Continuing SCA
M/s Garg Ashok Company, Chartered Accountants, Gurugram	New Appointment

Key Changes in Auditor Panel

M/s Garg Ashok Company, Chartered Accountants, Gurugram has been appointed as the new statutory central auditor of the bank, replacing M/s AR Co., Chartered Accountants, New Delhi, which has retired from the position.

Auditor Firm Profiles

The bank has provided detailed profiles of all appointed statutory central auditors:

Firm Details	ADB Company	Amit Ray Co	Jain Paras Bilala Co	Garg Ashok Co
Establishment Date	09/01/1991	08/09/1964	02/09/2002	06/07/1993
Registration Number	005593C	000483C	011046C	012127N
Location	Raipur, Chhattisgarh	Prayagraj, Uttar Pradesh	Jaipur, Rajasthan	Gurugram, Haryana
Tenure as SCA	3rd	2nd	2nd	1st

Geographic Distribution

The appointed auditor firms are strategically distributed across different states, with representation from Chhattisgarh, Uttar Pradesh, Rajasthan, and Haryana. This geographic diversification ensures comprehensive audit coverage across the bank's operations.

Regulatory Compliance

The appointment of statutory central auditors represents the bank's compliance with regulatory requirements and commitment to maintaining robust audit practices. The selection process involved obtaining necessary approvals from the Reserve Bank of India, ensuring adherence to banking sector audit guidelines and standards.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.30%	+2.95%	-2.12%	-3.32%	-31.75%	+167.22%

Central Bank of India has announced a key senior management change with the appointment of Mrs. Kavita Thakur as Chief Compliance Officer (CCO), effective December 20, 2025. The appointment was communicated to stock exchanges under Regulation 30 and 51 of SEBI (LODR) Regulations, 2015.

Leadership Transition Details

Mrs. Thakur has been appointed as General Manager, Compliance Department and Chief Compliance Officer, taking over from Mr. Joy Mukherjee. The change represents a significant transition in the bank's compliance leadership structure.

Parameter	Details
Position	Chief Compliance Officer (CCO)
Effective Date	December 20, 2025
Previous Role	Zonal Head, Ahmedabad Zonal Office
Predecessor	Mr. Joy Mukherjee

Professional Background and Qualifications

Mrs. Kavita Thakur, aged 55, brings extensive banking expertise to her new role. She joined the bank in 1990 and has accumulated over 35 years of comprehensive banking experience across various functions and leadership positions.

Her educational qualifications include:

Master's degree in Arts (Economics)
Master's in Business Administration (Banking and Finance)
Certified Associate of Indian Institute of Banking and Finance (IIBF)
Certificate Course on Resolution of Stressed Assets with Special Emphasis on Insolvency and Bankruptcy Code, 2016 for Bankers

Previous Role and Experience

Prior to this appointment, Mrs. Thakur served as Zonal Head at the Ahmedabad Zonal Office, where she demonstrated strong leadership capabilities in regional banking operations. Her extensive tenure with Central Bank of India since 1990 has provided her with deep institutional knowledge and operational expertise across multiple banking domains.

Regulatory Compliance

The appointment has been made in accordance with SEBI regulations, with the bank fulfilling all disclosure requirements under Regulation 30(6) of Listing Regulations. The information has also been made available on the bank's official website at https://www.centralbankofindia.co.in/en/investor-relations for stakeholder access.

This leadership change reflects the bank's commitment to maintaining strong compliance standards and regulatory adherence through experienced banking professionals in key managerial positions.