MAHABANKNSEBank of Maharashtra· BanksHighNeutral
Announced Sun, 1 Jun · 01:11 IST

Bank of Maharashtra has informed the Exchange about change in Chief Financial Officer

Management Changes View source PDF

MAHABANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bank of Maharashtra announced a change in its Chief Financial Officer effective June 1, 2025. Shri Sunil Dhoot, currently a Deputy General Manager, has been appointed as the new CFO on administrative grounds. He replaces Shri Srivastava Vijay Prakash Jai Prakash, who has been elevated to the role of Chief General Manager within the bank. Dhoot is 39 years old, holds M.Com, CA, and CS qualifications, along with JAIIB and CAIIB certifications. He joined the bank in 2009 as a Specialist Officer and has 15 years of experience across branch, zonal, and credit department roles.

Likely market impact

This is a routine internal succession with no operational disruption. The outgoing CFO is being promoted within the bank, and the new CFO is an internal appointee with strong finance credentials, so no material impact is expected on the stock or shareholders.