Intimation under Regulation 30 and 51 of SEBI (LODR) Regulation, 2015 - Change in Senior Management of Bank
Awaiting price reaction for this filing.
Central Bank of India has promoted five of its senior executives to the rank of General Manager, effective from 1st June 2025. Shri Gorugantu Bhaskar, the existing Chief Risk Officer, continues as General Manager & CRO. Shri Arvind Kumar, Shri Rajiv Ranjan Sinha, and Shri Dheeraj Goel, all Deputy General Managers, have been elevated to General Manager roles as Zonal Heads for Chandigarh, Patna, and OSD for Bhopal Zone, respectively. Shri Kousik Kala, also a DGM, has been promoted to General Manager heading the Business Support Department. The bank has stated that further details will be filed with the stock exchanges as required under SEBI LODR regulations.
This is a routine internal management restructuring with no material negative implication. Shareholders may view it as a sign of stable succession planning and continuity within the bank's leadership, with no expected impact on stock price.