Mumbai: State-owned Bank of India has appointed Usha Ramsinghani as its new Company Secretary, effective January 28, 2026, the bank informed stock exchanges on Tuesday. She succeeds Rajesh V. Upadhya, who has been transferred to the Zonal Audit Office in Hyderabad.
Appointment Made Under SEBI Regulations
The appointment has been made in compliance with Regulation 6 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in corporate governance.
The bank clarified that the change is part of an internal administrative arrangement and does not involve any resignation.
Profile of Usha Ramsinghani
Ramsinghani (ACS – 78171) is a Science graduate, a qualified Company Secretary, a Chartered Accountant, and a CAIIB holder.
She brings over 13 years of experience in the banking sector and is currently serving as Assistant General Manager at Bank of India. Her appointment is expected to strengthen the bank’s compliance and governance functions.
Rajesh V. Upadhya Transferred
Rajesh V. Upadhya, the outgoing Company Secretary, has been transferred to the Zonal Audit Office in Hyderabad as part of the bank’s internal administrative reorganization.
The bank emphasized that the transfer is routine and does not involve any performance-related issues.
Disclosure to Stock Exchanges
The appointment has been officially disclosed to both the National Stock Exchange of India Ltd. (NSE) and BSE Ltd., where Bank of India’s shares are listed under the scrip codes BANKINDIA and 532149, respectively.
About Bank of India
Bank of India (BOI) is a state-owned public sector bank with a strong presence across India and abroad. It offers a wide range of banking, financial, and investment services to individuals, businesses, and institutions, and is committed to maintaining strong corporate governance and compliance standards.
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