Bank of Maharashtra has informed the Exchange about change in Chief Compliance Officer
MAHABANK · price
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Bank of Maharashtra has informed the stock exchanges about a change in its Chief Compliance Officer. Smt. Uma Vedula (aged 51) has been appointed as the new Chief Compliance Officer with effect from 1st June 2025, replacing Shri Divesh Kumar Dinkar. The reason for the change is stated as 'Administrative Ground'. She holds a BSc, M.A., JAIIB and CAIIB qualifications, and is a Certified Banking Compliance Professional from IIBF.
This is a routine key managerial personnel (KMP) change at the compliance level. It is unlikely to have a material impact on the bank's operations or stock price, though investors may note the relatively senior compliance transition.