The Appointments Committee of the Cabinet (ACC) officially approved the appointment of Kalyan Kumar as MD & CEO of Central Bank of India on September 29, 2025. He officially took charge on October 1, 2025, after the former MD & CEO, M.V. Rao, retired on July 31, 2025. The appointment will be effective for an initial period of three years.
Before this role, Mr. Kumar was the Executive Director at Punjab National Bank since October 2021. He has a strong background in banking and has completed many professional courses in areas like Trade Finance, SME Finance, IT Security, and KYC-AML. He is also a Certified Associate of the Indian Institute of Bankers (CAIIB).
Mr. Kumar has received leadership training from top institutions, including programs by the Banks Board Bureau and Harvard University (through Egon Zehnder’s Director Development Programme).
Mr. Kalyan Kumar is a highly qualified and experienced banker who is now leading the Central Bank of India. The bank and its employees are welcoming him warmly and looking forward to his leadership.