Central Bank of India Appoints Director as Government Nominee Amid Board Composition Change
Central Bank of India has announced a change in its Board of Directors following the appointment of Shri Chandradeep Kumar Jha as a nominee director by the Central Government. The appointment is effective immediately and continues until further orders, succeeding Shri Baldeo Purushartha.The details concerning this board appointment are summarized below:
| Particulars | Details |
|---|---|
| Name of Director | Shri Chandradeep Kumar Jha |
| Reason for Change | Appointed as Government Nominee Director of Bank |
| Date/Term of Appointment | From 19 June, 2026 till further orders |
Profile and Expertise of New Director
Shri Chandradeep Kumar Jha has been appointed to the role, bringing over two decades of distinguished service within various key positions in the Government of India. He holds a Master's Degree in Statistics from the University of Delhi.Currently, he serves as the Statistical Advisor in the Department of Financial Services (DFS) at the Ministry of Finance, Government of India. His extensive experience spans organizations under the Ministry of Statistics and Programme Implementation (MoSPI), the Ministry of Commerce & Industry (MoCI), and the Ministry of Home Affairs (MHA).
Throughout his career, Shri Jha has contributed significantly in areas such as data analysis, coordination, planning, policy formulation, development of infrastructure projects, and monitoring. His expertise covers international cooperation in statistical matters, national statistical system reforms, ease of doing business, industrial development, and the implementation of key government initiatives. Beyond this role, he holds several other positions, including a Government Nominee Director on the Board of India Infrastructure Finance Company Limited (IIFCL), a Part-time Member of Pension Fund Regulatory and Development Authority (PFRDA), and a member of the Board of Governors of Management Development Institute (MDI), Gurgaon.
Shri Chandradeep Kumar Jha has confirmed that he is not related to any Directors or Key Managerial Personnel (KMP) of Central Bank of India.
CENTRALBK Stock Price Movement
Central Bank of India shares slipped by 0.69% on Friday, settling at ₹32.84 after shedding ₹0.23 from the previous close. The stock traded a total volume of 17.62 million shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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