Matam Venkata Rao has taken charge as the new Managing Director and Chief Executive Officer of Central Bank Of India. Rao till now held the position of Executive Director at Canara Bank. His appointment is for a period of 3 years with effect from the date of assumption of office on or after March 1, 2021, or until further orders, whichever is earlier.
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Rao is a Certified Associate of the Indian Institute of Bankers. He is a post-graduate in agriculture from Sri Venkateshwara Agriculture College, Tirupati, Andhra Pradesh.
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