Central Bank of India has informed the Exchange regarding Appointment of Mr Raj Kokil Singh as Chief Risk Officer of the company w.e.f. April 20, 2026.
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On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 0.7 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Central Bank of India has appointed Shri Raj Kokil Singh, currently a General Manager, as its new Chief Risk Officer effective April 20, 2026. He will serve for a fixed tenure of 3 years. Singh, 44 years old, brings 19 years of banking experience and holds certifications including FRM and SCR from GARP. He replaces Dr. G. Bhaskar, who has been reassigned to the Treasury portfolio. The appointment is disclosed under SEBI LODR Regulations 30 and 51.
The change in CRO represents routine succession planning as Dr. Bhaskar moves to Treasury. As an internal appointment of an experienced risk professional, this is unlikely to have any immediate impact on the stock. The bank's risk management leadership remains continuity-focused.