Punjab National Bank Announces Senior Management Change; Smt. Mousumi Majumdar Appointed Group Chief Risk Officer
Punjab National Bank has announced a change in its senior management, effective from April 15, 2026. The bank confirmed the appointment of Smt. Mousumi Majumdar to the role of Group Chief Officer Risk Leneral ' Chief Manager.Smt. Mousumi Majumdar has extensive experience in the banking sector, holding a Bachelor of Science (Chemistry) degree and being a Certified Associate of Indian Institute of Bankers (CAlIB). She brings over 34 years of banking expertise to her new capacity.
The details of the management transition are as follows:
| Detail | Previous Assignment | New Assignment |
|---|---|---|
| Smt. Mousumi Majumdar | Chief General Manager, Credit Review and Monitoring Division Head Office | Group Chief Officer Risk Leneral ' Chief Manager |
This senior management transition ensures continued leadership within the bank's operational structure.
PNB Stock Price Movement
On Wednesday, Punjab National Bank shares edged higher, gaining 2.05% to settle at ₹113.08. Trading was robust throughout the session, as the stock saw a total volume of 14.10 million shares traded.Source:
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