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PNB Elevates Raman Grover to CFO; Announces New Appointments and Retirements Across Key Divisions- Know More

PNB strengthens senior leadership with key internal promotions and new appointments across finance, HR, and communications divisions following top-level retirements.
Indian Masterminds Stories

New Delhi: Punjab National Bank (PNB) has announced a major reshuffle in its senior leadership, promoting Raman Grover to the position of Chief Financial Officer (CFO) and Chief General Manager, Finance Division at the bank’s Head Office.

Grover previously held the role of General Manager, Finance Division. A seasoned banker with over 26 years of experience, he holds a Bachelor’s degree in Economics, is a Chartered Accountant, and a Certified Associate of the Indian Institute of Bankers (CAIIB).

Top Officials Superannuated

As part of the leadership transition, the bank also confirmed the retirement of two senior executives, effective August 31, 2025:

  • Mr. Dilip Kumar Jain – Former CFO and CGM, Finance Division
  • Mr. Sameer Bajpai – CGM, Data Privacy and Management Division

Their departure marks the end of decades of dedicated service to the institution.

Read also: PNB’s Key Leadership Appointments: Hemant Verma Appointed CVO, Binay Gupta Takes Charge as Zonal Manager Kolkata

Three Senior Officers Take on New Roles

PNB also appointed the following senior officers to new leadership positions across strategic departments:

Deepak Kumar Mr.vastava

  • New Role: Zonal Manager-CGM, Zonal Office, Mumbai
  • Qualifications: B.A. (Sociology), MBA (Personnel Management), CAIIB
  • Experience: 32+ years in banking

Sumesh Kumar

  • New Role: Chief General Manager, Head Office – HRD
  • Qualifications: M.A., CAIIB
  • Experience: 32+ years

Deepak Kumar

  • New Role: General Manager, Corporate Communication Division, HO
  • Qualifications: B.Sc., MBA, CAIIB
  • Experience: 25+ years

Focus on Internal Growth and Leadership Development

These appointments reflect PNB’s ongoing efforts to promote internal talent and strengthen leadership across key functional areas. By tapping into the deep institutional knowledge of its senior personnel, the bank aims to enhance its strategic execution, governance, and operational effectiveness.

With these leadership changes, PNB continues to prioritize stability, financial discipline, and transparency, ensuring a strong foundation for future growth.

Read also: Banking on Innovation: PNB Launches First Startup-Centric Branch in New Delhi to Boost Entrepreneurial Growth- Details Inside

About PNB

Punjab National Bank (PNB), headquartered in New Delhi, is one of India’s leading public sector banks with a rich legacy dating back to 1894. With a vast network of branches and digital platforms, PNB plays a key role in advancing financial inclusion and digital banking across the country.


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