Rakesh K. Sharma/Mumbai : Bank of India Announces Change in Four Senior Management Effective January 7 2026
Bank of India announces major changes in senior management effective January 7 2026 as part of its strategy to strengthen core banking operations and business growth.
Mumbai: Bank of India has announced important changes in its senior management structure with effect from January 7 2026. The changes have been made in accordance with Regulation 30 of SEBI LODR Regulations 2015 and are aimed at strengthening the bank’s operational focus across key business verticals.
As per the official disclosure, the Board has approved the reassignment of responsibilities among four senior executives to improve coordination, efficiency and performance in core banking functions including corporate credit, retail banking, treasury, digital lending and resource mobilisation.
Key Management Changes
The following changes in assignment have come into effect from January 7 2026.
1 Shri Ashok Kumar Pathak
Previous assignment Retail Rural MSME and Financial Inclusion
New assignment Corporate Credit Treasury International and FBD
2 Shri Sharda Bhushan Rai
Previous assignment Resource Mobilization CEBB Publicity Marketing Wealth Management Third Party Products and Government Business
New assignment Credit Monitoring Recovery SARD and Legal.
3 Shri Nitin G Deshpande
Previous assignment Corporate Credit Treasury International and FBD
New assignment Retail Rural MSME Financial Inclusion and Digital Lending
4 Shri Prashant Thapliyal
Previous assignment Credit Monitoring Recovery SARD and Legal
New assignment Resource Mobilization CEBB Publicity Marketing Wealth Management Third Party Products and Government Business
Strategic Objective
The management restructuring is expected to strengthen Bank of India’s leadership alignment with its growth strategy. By placing experienced executives in critical operational roles, the bank aims to enhance business development, improve risk management and accelerate digital and retail banking expansion.
