Bank of Maharashtra has informed the Exchange regarding Appointment of Mr. Devesh Verma as General Manager- Digital Transformation of the Bank w.e.f. August 04, 2025.
MAHABANK · price
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Bank of Maharashtra has appointed Mr. Devesh Verma (age 38) as General Manager - Digital Transformation effective August 4, 2025. He holds a B.Tech in Information Technology and an Executive Programme in Digital Transformation from IIM Indore. He brings nearly 17 years of experience in digital initiatives within banking, having previously worked at Poonawala Fincorp, Kotak Mahindra Bank, SBI, HDFC Bank, and ICICI Bank, and also served as Deputy CTO in his prior role.
This is a senior-level operational appointment focused on digital transformation, signalling the bank's continued push toward technology-led banking. It is unlikely to have a direct impact on the stock price but reflects management's priority on digital capabilities.