Canara Bank appoints Brajesh Kumar Singh as MD and CEO; tenure till April 2029

State-owned lender Canara Bank on Monday (June 1, 2026) announced that Brajesh Kumar Singh has assumed charge as Managing Director and Chief Executive Officer of the bank, following a Government of India notification dated May 30, 2026.

His tenure will be effective until April 30, 2029, the date of his superannuation, or until further orders, whichever is earlier. He succeeds K. Satyanarayana Raju, who completed his tenure as MD & CEO on December 31, 2025.

Singh was previously Executive Director at Indian Bank, where he worked across corporate credit, retail banking, human resources, business development and strategic operations, and was involved in business growth, governance strengthening, and digital and operational transformation initiatives.

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His appointment follows recommendations of the Financial Services Institutions Bureau (FSIB) and approval by the Appointments Committee of the Cabinet.

He is an agriculture graduate from Allahabad Agriculture Institute, holds an MBA in Finance, is a Certified Associate of the Indian Institute of Bankers (CAIIB), and has completed the Executive Leadership Development Programme at IIM Bangalore.

Canara Bank said that under his leadership, the bank will continue focusing on digital transformation, financial inclusion, asset quality, customer experience and sustainable value creation.

Shares of Canara Bank Ltd ended at ₹128.00, down by ₹2.90, or 2.22%, on the BSE.

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