21 October 2026
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Bank of Maharashtra Appoints Devdatta Rokade as Chief Compliance Officer From October 1

Chief General Manager Devdatta Rokade takes charge as CCO following the bank’s July 24 disclosure on appointing a CCO from its existing CGM pool.
Indian Masterminds Stories

Pune: Bank of Maharashtra has designated Chief General Manager (CGM) Devdatta Rokade as its Chief Compliance Officer (CCO) with effect from October 1, 2026. The appointment has been made from the bank’s existing pool of Chief General Managers.

The development was disclosed by the bank under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Devdatta Rokade Takes Charge as Chief Compliance Officer

Devdatta Rokade, who was serving as a Chief General Manager at Bank of Maharashtra, will take charge as the bank’s Chief Compliance Officer from October 1, 2026.

The appointment is part of the bank’s process to designate a CCO at the Chief General Manager level from its existing senior management cadre.

Read also: Bank of Maharashtra Appoints IAS Saurabh Kumar as Government of India Nominee Director

Bank of Maharashtra Had Announced CCO Selection Process in July

The latest appointment follows an earlier communication issued by Bank of Maharashtra on July 24, 2026.

In that disclosure, the bank had stated that the process was underway to appoint a Chief Compliance Officer at the Chief General Manager rank from its existing pool of CGMs.

Rokade has now been designated for the position and will assume the CCO role with effect from October 1.

Regulatory Disclosure to BSE and NSE

Bank of Maharashtra informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about the change in its senior management.

The disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations, 2015.

The notification was signed by Vishal Sethia, Company Secretary and Compliance Officer of Bank of Maharashtra.

Key Details of Devdatta Rokade’s Appointment

  • Appointee: Devdatta Rokade
  • Previous designation: Chief General Manager
  • New role: Chief Compliance Officer (CCO)
  • Effective date: October 1, 2026
  • Selection: From the bank’s existing pool of Chief General Managers
  • Regulatory filing: Regulation 30 of SEBI Listing Regulations, 2015
  • Stock exchanges informed: BSE and NSE

About Bank of Maharashtra

Bank of Maharashtra is a public sector bank headquartered in Pune, Maharashtra. The bank provides a range of banking and financial services to individuals, businesses and other customers through its network of branches and digital banking channels.

Read also: Bank of Maharashtra Appoints Naresh Kumar Vashisht as Part-Time Non-Official Director for 3 Years


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