The Central Government has appointed Shri Lingam Venkata Prabhakar (Date of Birth: 12.12.1962), Executive Director, Punjab National Bank as the Managing Director & Chief Executive Officer of Canara Bank with effect from the date of his assumption of office on or after 01.02.2020 and up to the date of his attaining the age of superannuation (i.e., 31.12.2022), or until further orders, whichever is earlier, vide Government of India, Ministry of Finance, Department of Financial Services notification No. F.No. 4/2/2019-BO-I, dated 20th January, 2020.
Shri L V Prabhakar assumed the office of Executive Director of Punjab National Bank on 01.03.2018. He holds a Master's Degree in Agriculture and a Certified Associate of Indian Institute of Bankers (CAIIB). Earlier, he has worked with Allahabad Bank and served in various capacities at Industrial Finance Branch, Mumbai, Lead District Office and various Zonal Offices. At Corporate Office, he worked as Head of various important verticals viz. Information Technology, Retail Banking, Priority Sector Credit, MSME Credit, Financial Inclusion, Human Resource Development and Integrated Risk Management. He was also in the Board of AUPGB.
Shares of CANARA BANK was last trading in BSE at Rs.218.7 as compared to the previous close of Rs. 221.55. The total number of shares traded during the day was 240507 in over 2256 trades.
The stock hit an intraday high of Rs. 223.9 and intraday low of 216.75. The net turnover during the day was Rs. 52699811.