Canara Bank Appoints Hardeep Singh Ahluwalia as Interim MD & CEO from January 1, 2026
The interim appointment is for three months until March 31, 2026, or until a regular incumbent is appointed
Canara Bank has announced a key leadership transition with the appointment of Hardeep Singh Ahluwalia as Managing Director & Chief Executive Officer (Additional Charge), effective January 1, 2026. The interim appointment follows the superannuation of the current MD & CEO, K. Satyanarayana Raju, on December 31, 2025.
The appointment has been made through a notification issued by the Department of Financial Services (DFS), Ministry of Finance, Government of India, dated December 30, 2025.
Ahluwalia, who is presently serving as Executive Director at Canara Bank, will hold the additional charge of MD & CEO for a period of three months, up to March 31, 2026, or until a regular incumbent is appointed, whichever is earlier.
A seasoned banker with over three decades of experience, Hardeep Singh Ahluwalia has handled a wide range of assignments across business verticals and geographies. His professional journey includes exposure to international banking operations, notably in Hong Kong, along with extensive experience in credit, operations, risk management and strategic leadership roles within the banking sector.
The interim leadership arrangement is aimed at ensuring continuity and stability at the helm of the public sector lender during the transition phase. Canara Bank, one of India’s leading public sector banks, continues to focus on operational efficiency, digital transformation and sustainable growth amid a dynamic banking environment.
