Bank of Maharashtra Elevates Three Executives to Chief General Manager Positions Effective June 1
By HDFC SKY | Updated at: Jun 1, 2025 05:54 PM IST
Pune, India | June 1, 2025 — Bank of Maharashtra (BSE: 532525, NSE: MAHABANK) has announced key changes in its senior management, promoting three seasoned professionals to the post of Chief General Manager, effective June 1, 2025. The appointments align with the bank’s strategic focus on strengthening leadership depth across critical verticals.
Key Elevations
| S. No. | Name | Department/Role | Years with Bank | Profile Highlights |
|---|---|---|---|---|
| 1 | Shri Dinkar B. Sankpal | Chief General Manager – Credit Monitoring | 37 years | Joined as a clerk in 1988; holds MA & MBA (Finance); certified in cybercrime prevention, risk & IT security; previously headed Treasury and International Business. |
| 2 | Shri Vijay Prakash Srivastava | Chief General Manager – Finance, Treasury & Strategy | 26 years | Joined as a CA specialist in 1999; B.Com, CA, and holds diplomas in treasury & wealth management; led financial management & strategy vertical. |
| 3 | Smt. Aparna V. Joglekar | Chief General Manager – Recovery & Legal Services | 18 years | Joined as Specialist (Law) in 2006; dual Master’s in Social Work and Law; PGD in Human Rights; served as Chief Law Officer and Zonal Manager. |
Strategic Implications
The elevation of these experienced officers reflects Bank of Maharashtra’s commitment to leveraging internal talent to drive operational excellence and strategic execution. With decades of collective experience across credit, legal, finance, and treasury functions, the appointments are expected to bolster the bank’s leadership bandwidth amid evolving industry demands.
Management Commentary
While the filing did not include direct executive statements, the move signals a strong internal succession planning strategy and aligns with the bank’s broader growth and governance agenda.
Bank of Maharashtra, headquartered in Pune, continues to reinforce its leadership team as it enters its 90th year of operations, underlining its focus on institutional resilience and sustainable growth.
REF:https://nsearchives.nseindia.com/corporate/MAHABANK_31052025222957_Letter_to_SE-_Elevation_of_Chief_General_Managers_31052025.pdf
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