Canara Bank Announces Appointment of Shri. Sunil Kumar Chugh as Executive Director

Canara Bank is pleased to announce the appointment of Shri. Sunil Kumar Chugh as Executive Director of the Bank, with effect from November 24, 2025, for a period of 3 years. Before this elevation, Shri Sunil Kumar Chugh was serving as the Chief General Manager at Punjab National Bank.

Shri Chugh brings over three decades of rich and diverse experience in the banking sector. During his tenure at PNB, Shri Chugh was instrumental in steering multiple transformational initiatives, making significant contributions to the bank’s digital, retail, and corporate banking strategies. His leadership in strengthening risk management, compliance, and credit monitoring frameworks has been widely recognised.

Shri Chugh previously led large corporate branches in Kolkata, Ahmedabad, and Mumbai at the erstwhile Oriental Bank of Commerce, along with managing key responsibilities at the Corporate Office and various Controlling Offices across different banks. His wide-ranging experience includes Corporate Credit, Foreign Exchange, Recovery and Resolution of Stressed Assets, and Credit Monitoring, which enhance his leadership and strategic decision-making skills.

Welcoming his appointment, Canara Bank stated that Shri Chugh’s extensive expertise and proven track record in spearheading strategic initiatives will further strengthen the Bank’s leadership team and contribute to its continued growth trajectory.