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Canara Bank announced that Shri Hardeep Singh Ahluwalia, Executive Director, has been assigned the additional charge of Managing Director and Chief Executive Officer (MD & CEO) of the bank. This appointment is effective from January 1, 2026, for a period of three months, concluding on March 31, 2026, or until a regular incumbent is appointed.

This interim arrangement follows the superannuation of the current MD & CEO, Shri K. Satyanarayana Raju, on December 31, 2025. The notification for this additional charge was issued by the Department of Financial Services, Ministry of Finance, Government of India.

Shri Hardeep Singh Ahluwalia brings over three decades of banking experience, having joined the banking sector as an Agricultural Field Officer in 1992. He holds a graduate degree in Agriculture and is a Certified Associate of the Indian Institute of Bankers, with additional certifications in Credit Management and Computer Applications in Financial Management. His career includes extensive experience in various banking functions across different geographies and strategic roles, including Lead District Manager and Zonal Head. He is not related to any other Directors of the Bank and is not debarred from holding such an office by any regulatory authority.