Chief General Manager Devdatta Rokade designated Chief Compliance Officer from 1 October 2026
Bank of Maharashtra has designated Shri Devdatta Rokade, Chief General Manager, as its Chief Compliance Officer with effect from 1st October 2026.
- CCO Designation
- Shri Devdatta Rokade, Chief General Manager, designated Chief Compliance Officer
- Effective Date
- 1st October 2026
- Appointment Type
- Internal elevation from existing pool of CGMs
What was announced
Bank of Maharashtra informed the stock exchanges of a change in senior management.
- Shri Devdatta Rokade, Chief General Manager, has been designated Chief Compliance Officer (CCO) of the Bank.
- Effective date: 1st October 2026.
Background
In its earlier communication dated 24.07.2026, the Bank had informed that it was in the process of appointing a Chief Compliance Officer at the rank of Chief General Manager from the existing pool of CGMs of the Bank. This announcement completes that process.
What it means for investors
The Chief Compliance Officer is a key role in a bank, responsible for overseeing adherence to regulatory requirements. The appointment is an internal elevation rather than an external hire, and it is an administrative change in senior management. It does not by itself alter the Bank's business operations or financial position.
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