The government 7th February 2023 announced the appointment of K Satyanarayana Raju as the managing director and CEO of Canara bank, with effect from 7th February, 2023.
* He has replaced L V Prabhakar who demitted office on 31 December 2022.
* He has 33 years of experience in all banking segments, like branch banking, corporate credit, etc.
* He has also served Canara bank as executive director since 10th March 2021.
* He joined erstwhile Vijaya Bank in 1988 and has risen to the level of chief general manager in Bank of Baroda.
* During his 12 years long stint with the band, he has headed various branches including specialised corporate banking branch. He was regional head of Shimoga, Vijayawada, Hyderabad and Mumbai..
Source : Financial Express