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Central Bank of India Elevates Kavita Thakur as Chief Compliance Officer to Strengthen Governance and Compliance

Veteran Banker with 35 Years of Experience Takes Charge as CCO, Strengthening Compliance and Regulatory Oversight at India’s Leading Public Sector Bank
Indian Masterminds Stories

Mumbai: Central Bank of India has appointed Mrs. Kavita Thakur, General Manager of the Compliance Department, as the new Chief Compliance Officer (CCO) and Key Managerial Personnel of the bank, effective December 20, 2025. She succeeds Mr. Joy Mukherjee in this crucial role.

Appointment in Line with SEBI Regulations

The appointment of Mrs. Thakur has been made in compliance with Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank confirmed the update through a regulatory filing, highlighting the importance of transparent governance in its compliance operations.

Read also: Central Bank of India Signs MoU with ACE Ltd to Enhance Loans for Tractors and Farm Machinery

Veteran Banker with Over Three Decades of Experience

Mrs. Kavita Thakur, aged 55, joined Central Bank of India in 1990. With over 35 years of experience in the banking sector, she brings deep expertise in compliance, risk management, and banking operations. She holds a Master’s degree in Economics and an MBA in Banking and Finance, along with a Certified Associate designation from the Indian Institute of Banking and Finance (IIBF).

In addition, she has completed a specialized certificate course on the Resolution of Stressed Assets, focusing on the Insolvency and Bankruptcy Code, 2016. Before her appointment as CCO, Mrs. Thakur served as the Zonal Head of the Ahmedabad Zone, overseeing key operational and compliance functions.

Independence and Transparency

Central Bank of India clarified that Mrs. Thakur has no familial or financial relationships with any of the bank’s directors. Her appointment underscores the bank’s commitment to maintaining independence, integrity, and adherence to regulatory standards in its compliance framework. The official disclosure is available on the bank’s website under the investor relations section.

About Central Bank of India

Central Bank of India is a leading public sector bank in India with a strong presence across urban and rural areas. Established in 1911, it offers a wide range of banking products and services to individuals, businesses, and government institutions. The bank is committed to fostering transparency, customer trust, and regulatory compliance while expanding its digital and financial services portfolio across the country.

Read also: Financial Results: Central Bank of India Shares Gain Ahead of Q2 FY25 Results Announcement on October 17


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