K Satyanarayana Raju appointed as new MD and CEO of Canara Bank

Category : Appointment/Resignation Published on: February 09 2023

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Central government has announced the appointment of K Satyanarayana Raju as Managing Director and CEO of Canara Bank.
His appointment is effective from February 7.
Earlier, Raju served Canara Bank as executive director from March 2021.
He replaced L V Prabhakar who demitted office on December 31, 2022.
With more than 33 years of banking experience, Raju started his career with the erstwhile Vijaya Bank in 1988 and has risen to the level of chief general manager in the Bank of Baroda.
He has experience in heading various branches for 12 years including a specialised corporate banking branch. He was the regional head of Shimoga, Vijayawada, Hyderabad and Mumbai. Raju also led the Mumbai zone as the zonal head.