ScoutQuest1 Oct 2026
Bank of Maharashtra532525Board structure update

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.

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.

Source: BSE · 1 Oct 2026

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