New Delhi: K Satyanarayana Raju has been appointed as Executive Director of Canara Bank and has also assumed charge of the post on Wednesday. According to an order from the Department of Financial Services, Raju has been appointed as Executive Director of Canara Bank for a period of three years with effect from the date of taking charge of the post (ie March 10) or until further orders, whichever is earlier. Prior to this assignment, he was serving as General Manager in Bank of Baroda (BoB).
Raju is a Physics graduate, a post-graduate in Business Administration (Banking and Finance), and CAIIB qualified banker. He joined erstwhile Vijaya Bank in 1988 and rose to the level of Chief General Manager in Bank of Baroda. During his 33-year-long banking career, he has headed various branches for 12 years, including the Specialised Corporate Banking Branch. He was Regional head of Shimoga, Vijayawada, Hyderabad, and Mumbai. He was also Zonal Head of Mumbai Zone which is the biggest zone of the bank. He has also headed the Operations and Services Department at Head Office.
Raju has rich experience in all the segments of banking, including Branch Banking, Corporate Credit, Retail Credit, Agri Financing, Credit Monitoring, Credit Recovery, Compliance, etc. He is a director of BoB Financial Solutions Limited, a subsidiary of Bank of Baroda. He is also a member of the steering committee of the BoB-IIT Bombay Innovation centre.
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