Canara Bank informed the Exchanges that in exercise of powers conferred by the proviso to clause (a) of sub-section (3) of section 9 of the Banking Companies Act, 1970, the Central Government has appointed Shri Ashok Chandra (DoB: 16.12.1968), Chief General Manager, Union Bank of India as Executive Director in Canara Bank for a period of three years with effect from the date of assumption of office, oruntil further orders, whichever is earlier, vide Government of India, Ministry of Finance, Department of Financial Services notification eF.no. 4/6/2021-BO.I dated November 21, 2022. Sri Ashok Chandra started his banking career with Erstwhile Corporation Bank in September1991 as Probationary Officer.

Having schooled and completed his e ducation in Patna, he holds a Masters in Economics and he is also a Certified Associate of Indian Institute of Bankers. Sri Ashok Chandra has a wide exposure in the banking domain ranging from Branch Operations as a Branch Head of various demographics such as rural, urban and Metro and handling greater responsibilities such as heading Zones/regions of the Bank across thecountry. He had very successfully handled 4 VLBs and also has exposure in Overseas Operations when he was posted at Representative Office of the Bank at Dubai, UAE.

He was further given the challenges of heading two major zones of the Bank, Varanasi and Delhi, (where he successfully delivered the required results) and had a successful stint. On his elevation to General Manager in 2018, he was assigned to lead the Recovery, Legal and Stressed Asset Management Vertical (SAMV) of the Bank. He continued to work there on his elevation to Chief General Manager in Union Bank of India in 2020.

He was chosen to be a part of the leadership program designed by the Banks Board Bureau. Throughout his career, he has achieved great laurels and accolades such as Star Performers Club, Grahak Seva Award, Grahak Mitra Award, Healthy Branch Award, Chairman's Club Membership, Best Branch Award, Riyayati Leadership Award, Mega E­auctioneer Award, Leadership Award, Champion of champions Award etc. He has attended various trainings and workshop in India and abroad.

In 2021, he was appointed as Director in Union Trustee Company Private Limited and also Director in NARCL. He is also a member of "Standing Committee on Stressed Assets" formed by IBA.