Matam Venkata Rao has taken over the charge as Managing Director and CEO of Central Bank of India with effect from March 1, 2021. Prior to joining the current assignment, Rao was the Executive Director of Canara Bank for more than three years, where he played a pivotal role in the bank’s progress. He is a Post Graduate in Agriculture from Sri Venkateshwara Agriculture College, Tirupati, Andhra Pradesh. He is a certified Associate of Indian Institute of Bankers.
He joined Allahabad Bank as Agricultural Field Officer in 1988 and worked in various capacities in different geographical areas of the country. As General Manager of Allahabad Bank, he headed bank’s important verticals like Wholesale and Retail Banking. He was also instrumental in launching a transformative project to bring focus on asset-centric banking.
