FSIB Opens Search for Canara Bank's New Leadership

Financial Services Institutions Bureau (FSIB) is seeking applications for the role of Canara Bank managing director and CEO. Current CEO K Satyanarayana Raju will retire in December. The position requires applicants between 45-57 years old. Applications are due by July 21, 2025. FSIB is led by Bhanu Pratap Sharma.

The Financial Services Institutions Bureau (FSIB) has announced the commencement of its search for a new managing director and chief executive officer for Canara Bank, aiming to find a successor for K Satyanarayana Raju, who will retire in December.

The selected individual will oversee the bank's strategic direction and performance to achieve growth and profitability, as outlined by the FSIB in their public notice. Candidates must be between 45 to 57 years old as of June 23, 2025.

Interested candidates have until July 21, 2025, to submit their applications. FSIB is staffed by prominent figures such as Bhanu Pratap Sharma, with its members including key government and former banking sector officials.

(With inputs from agencies.)