Central Bank of India has informed the Exchange regarding Cessation of Mr Vivek Wahi as Executive Director of the company w.e.f. September 30, 2025.
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Central Bank of India has informed the stock exchanges that Shri Vivek Wahi ceased to be Executive Director of the Bank effective close of working hours on September 30, 2025. The cessation is due to superannuation, meaning he has retired upon reaching the Bank's retirement age. This is a routine, planned exit typical of public sector bank executive directors. No reason of resignation, governance concern, or dispute has been mentioned in the filing.
This is a routine leadership transition on account of superannuation and is unlikely to have any material impact on the stock price or shareholder value. The Bank will follow its usual process for appointing a new Executive Director.