Satyanarayana Raju appointed as the new MD & CEO of Canara Bank
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The Central Government has appointed K Satyanarayana Raju as the new Managing Director and CEO of the state-owned Canara Bank.
An overview of the news:
He will replace LV Prabhakar, who resigned from his post on December 31, 2022.
He was working as Executive Director in Canara Bank since March, 2021.
Satyanarayana Raju has vast experience in Branch Banking, Corporate Credit, Retail Credit etc.
It is a leading commercial bank of India.
It was established in 1906, by Sri Ammembal Subba Rao Pai.
Syndicate Bank was merged with Canara Bank on 1 April 2020. After this merger, Canara Bank has become the fourth largest bank in the country.
Headquarters Bangalore, India
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