Bengaluru, India March 2025 – Canara Bank is pleased to announce the appointment of Shri S. K. Majumdar as Executive Director of the Bank, with effect from March 24, 2025. Prior to this elevation, Shri Majumdar was serving as the Chief Financial Officer of Canara Bank.
Shri S. K. Majumdar, aged 56 years, is a seasoned banking professional and holds distinguished qualifications as a Chartered Accountant and Cost Accountant. He brings with him over 25 years of experience in the banking industry and has been associated with Canara Bank since January 2000. During his long and illustrious career, Shri Majumdar has served in various capacities across branches and administrative offices, contributing significantly to key functional areas of the Bank. His tenure has been marked by strong leadership, financial acumen, and a steadfast commitment to organizational goals.
The appointment of Shri S. K. Majumdar as Executive Director reflects the Bank’s ongoing commitment to strengthening its leadership and enhancing governance structures, to drive sustained growth and operational excellence.
Widely known for customer centricity, Canara Bank was founded by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore, then a small port in Karnataka. The Bank has gone through the various phases of its growth trajectory over hundred years of its existence. Growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach and clientele segments. Eighties was characterized by business diversification for the Bank. In June 2006, the Bank completed a century of operation in the Indian banking industry. The eventful journey of the Bank was strewn with many memorable milestones. Today, Canara Bank occupies a premier position in the comity of Indian banks. With an unbroken record of profits since its inception, Canara Bank has several firsts to its credit.
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