PSPunjab & Sind Bank533295Routine director change

General Manager superannuates; Vinay Khandelwal appointed as General Manager

Punjab & Sind Bank has informed the exchanges of a change in senior management.

By ScoutQuest · Mon 2 Nov 2026, 3:49 PM IST · 2 min read

Superannuation Date

30th October 2026

Appointment Effective Date

01st November 2026

Appointee

Sh. Vinay Khandelwal appointed as General Manager

What the bank disclosed

• Sh. Gajraj Devi Singh Thakur, General Manager, has superannuated from the services of the Bank at the close of business hours on 30th October 2026.
• Sh. Vinay Khandelwal has been appointed as General Manager of the Bank with effect from 01st November 2026.

What this means in plain terms

Superannuation is retirement at the end of an employee's service tenure. It is a scheduled event, unlike a resignation or an early exit. The Bank has also named the person who steps into the General Manager role from the very next day, 01st November 2026, which indicates a handover at that level.

A General Manager is part of the senior management of a public sector bank and typically heads a department or a large operating function. Changes at this level are part of the normal course of running the institution.

Profile given in the annexure

• The annexure carries a brief profile stating an age of 47 years and joining the services of the Bank in 2012.
• The person described is a qualified Chartered Accountant and Company Secretary and a Certified Associate of Indian Institute of Banking & Finance (CAIIB).
• On the relationship between directors, the annexure states "Not Applicable".

Point to note

The brief profile in the annexure is given under the name Sh Santosh Neeraj, while the appointment named in the covering letter and in the same annexure is of Sh Vinay Khandelwal. Readers may keep this in mind while reading the profile details.

What to take away

This is a disclosure of a senior-level personnel change: one General Manager retiring on superannuation and another being appointed to that post from 01st November 2026. Such announcements relate to who handles the Bank's management functions and do not by themselves change the Bank's financials.

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