Bank of Maharashtra has informed the Exchange regarding Appointment of Mr Sushanta Kumar Mohanty as Executive Director of the company w.e.f. April 15, 2026.
MAHABANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bank of Maharashtra has announced the appointment of Mr Sushanta Kumar Mohanty as Executive Director effective April 15, 2026. The appointment was made by the Department of Financial Services (DFS), Government of India, under the Banking Companies Act, 1970. Mohanty is a veteran banker with over 30 years of experience, having served primarily at Bank of Baroda as Chief General Manager before this appointment. He has held various leadership roles including Zonal Head, Regional Head, and Head of International Banking. The appointment is for a period of three years or until further orders, whichever is earlier. He has no relationship with any existing directors of the bank.
This is a routine board-level appointment at a public sector bank. The new ED brings extensive experience in treasury, international banking, and forex operations, which could strengthen the bank's operations. No immediate shareholder impact expected.