Bank of Maharashtra announces resignation of Chief Compliance Officer
Bank of Maharashtra has announced a change in its senior management following the resignation of Smt. Uma Vedula from the post of Chief Compliance Officer (CCO).Smt. Uma Vedula resigned from her position as CCO due to personal reasons. She was relieved from her duties with effect from the close of business hours on July 23, 2026.
The bank is currently in the process of appointing a replacement for the Chief Compliance Officer role. The institution intends to fill this senior compliance position by promoting an existing Chief General Manager (CGM) from within its current pool of CGMs, aligning with regulatory requirements for CCO appointment ranking.
Key details regarding the personnel change are summarized below:
| Detail | Information |
|---|---|
| Position | Chief Compliance Officer (CCO) |
| Resigned Officer | Smt. Uma Vedula |
| Reason for Change | Resignation |
| Date of Cessation | 23.07.2026 |
MAHABANK Stock Price Movement
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