The Financial Services Institutions Bureau (FSIB) on Monday recommended Brajesh Kumar Singh for the role of managing director and chief executive officer of Canara Bank. Singh is currently an executive director at state-owned Indian Bank.
FSIB said it interfaced with 17 candidates on December 22 for the top role at Canara Bank. “Keeping in view their performance in the interface, overall experience and the extant parameters, the Bureau recommends Shri Brajesh Kumar Singh for the position of MD & CEO in Canara Bank,” it said in a release.
An overview of Brajesh Kumar Singh’s profile
Singh was appointed executive director of Indian Bank on March 10, 2024, for a three-year term. An agriculture graduate from the Allahabad Agriculture Institute, he has close to three decades of experience in the banking sector. Before joining Indian Bank, Singh held various positions at Bank of Baroda, including credit officer, branch head and regional head.
Singh’s work at FSIB
At Indian Bank, Singh has been part of several key committees, including the Management Committee, IT Strategy Committee, Credit Approval Committee and the Committee of Directors (Vigilance).
On October 24, FSIB had invited applications for the post of managing director and chief executive officer of Canara Bank, as the current MD & CEO K Satyanarayana Raju is due to retire in December. The Bureau had opened the position to candidates from both public and private sector banks.