Appointment of Government Nominee Director
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Canara Bank has announced the appointment of Ms. Shalini Pandit as a Government Nominee Director on its Board, effective May 13, 2026. She replaces Shri Parshant Kumar Goyal, who has ceased from the position on the same date. Ms. Pandit is an Indian Administrative Service officer from the Odisha cadre and currently serves as Joint Secretary in the Department of Financial Services, Ministry of Finance, Government of India. The appointment is made by the Central Government under the Banking Companies Act and will remain in effect until further orders. She is not related to any existing directors and is not debarred from holding the position.
This is a routine change reflecting the Central Government's prerogative to appoint its nominees on public sector bank boards. Such changes are administrative in nature and do not indicate any operational or financial concern for the bank.