Change in Management: HR Wing Head takes charge, General Manager promoted as Chief General Manager

Canara Bank, w.e.f. 01.10.2026: Shri Shambhu Lal, Chief General Manager, HR Wing, takes charge as HR Wing Head, replacing Shri B P Jatav, who ceased on superannuation.

Thu 1 Oct 2026

Effective Date

w.e.f. 01.10.2026

HR Wing Head Takes Charge

Shri Shambhu Lal, Chief General Manager, HR Wing, takes charge as HR Wing Head

Replaced Officer

Shri B P Jatav, who ceased on superannuation

Promotion

Shri Barun Singh Thakur, General Manager, Thiruvananthapuram Circle, promoted as Chief General Manager, Inspection Wing

Experience

Shri Shambhu Lal: 34 plus years; Shri Barun Singh Thakur: 27 years

What the bank told the exchanges

Canara Bank has informed the stock exchanges about two changes in its senior management. Both are shown as effective 01.10.2026.

• Shri Shambhu Lal, Chief General Manager, Human Resources Wing, has taken charge as Human Resources Wing Head w.e.f. 01.10.2026.
• He takes the place of Shri B P Jatav, who ceased to be the Chief General Manager of the Bank w.e.f. 01.10.2026 on attaining superannuation.
• Shri Barun Singh Thakur, General Manager, Thiruvananthapuram Circle Office, has been promoted as Chief General Manager w.e.f. 01.10.2026 and posted to the Inspection Wing.

Reason recorded for each change

For both officers, the reason for the change is stated as "Otherwise; Change in Designation".

Who the two officers are

• Shri Shambhu Lal has 34 plus years of experience in banking. He holds a Master of Commerce degree and is a Certified Associate of the Indian Institute of Bankers. He has worked from branch level to head office level in different states and across rural to metro, and has administrative experience of working in Circle Offices, Regional Offices and Head Office.
• Shri Barun Singh Thakur has 27 years of experience in banking. He holds a Master of Business Administration degree and is also a Certified Associate of the Indian Institute of Bankers. He has worked from branch level to head office level in different states, and has administrative experience of working in Circle Offices, Regional Offices and Head Office.

How this can be read

• This is a disclosure of a change in management: a Chief General Manager stepping down on superannuation and another officer moving up from General Manager to Chief General Manager.
• Both roles involved are internal functions of the bank, the Human Resources Wing and the Inspection Wing.
• Such announcements are generally seen as people and governance updates rather than as a change in the bank's business.
• The update records that the disclosure of relationships between directors is Not Applicable for both officers, since these are not appointments of directors.

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