Manipal, Karnataka, India, May 2025 — Arun Shrivastava has been appointed as Managing Director and Chief Executive Officer of Syndicate Bank, marking a strategic leadership transition for the public sector lender. With over three decades of experience in Indian and international banking, Shrivastava brings deep institutional knowledge and proven leadership to the role.
Shrivastava began his banking career in 1979 with Bank of Baroda, where he held several senior roles across domestic and overseas operations. He served as Managing Director of Bank of Baroda Kenya Ltd., leading the bank’s operations in East Africa and establishing a strong performance track record.
He later joined Bank of India as Executive Director, where he oversaw key portfolios including international banking, project finance, credit, and strategy. His tenure was marked by a focus on operational excellence and global expansion.
Following his retirement from executive roles, Shrivastava has contributed significantly to corporate governance as an Independent Director for a range of organizations including Bandhan Financial Services, Atishay Limited, Canara HSBC Life Insurance, and others. His expertise in oversight, compliance, and strategic guidance has been widely recognized across sectors.
His appointment comes at a pivotal time as Syndicate Bank, now part of Canara Bank since its amalgamation in 2020, continues to strengthen its legacy, enhance credit quality, and expand financial services under experienced leadership.
Syndicate Bank
Founded in 1925 in Udupi, Karnataka, Syndicate Bank was one of India’s oldest and most trusted public sector banks. In April 2020, it was amalgamated with Canara Bank, another leading PSU bank, to create a stronger, unified institution. The merged entity continues to operate across a wide network offering retail, corporate, and digital banking services to millions of customers.
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