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Shri Ashok Chandra Appointed as MD & CEO of Punjab National Bank, Know About Him


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Shri Ashok Chandra has officially taken charge as the Managing Director & Chief Executive Officer of Punjab National Bank (PNB) as of January 16, 2025. With an extensive banking career spanning over 33 years, Shri Chandra brings a wealth of experience and expertise to his new role.

Prior Experience of PNB MD&CEO Shri Ashok Chandra

Before joining PNB, Shri Chandra served as the Executive Director of Canara Bank from November 21, 2022, to January 15, 2025. During his tenure, he managed several critical functions, including:

  • Digital Banking and Information Technology
  • Strategy and Planning
  • Marketing and Public Relations
  • Financial Inclusion
  • MSME and Retail Assets
  • Agriculture and Priority Sectors
  • Liability Management
  • General Administration

He also held directorships in prominent organizations such as Canara HSBC Life Insurance Company Limited, PSB Alliance Ltd., and Canara Venture Capital Fund Ltd. Additionally, he contributed as a member of the IBA Standing Committee on HR.

Shri Ashok Chandra Biography

Prior to his role at Canara Bank, Shri Chandra was Chief General Manager at Union Bank of India, overseeing Recovery, Legal, and Stressed Asset Management. Under his leadership, significant measures were implemented to reduce stressed assets, earning him a position on the IBA’s “Standing Committee on Stressed Assets.”

He also served as a director on the boards of The Union Trustee Company Private Limited and The National Asset Reconstruction Company Limited (NARCL).

PNB MD&CEO Shri Ashok Chandra: Early Career and Achievements

Shri Chandra began his banking career with the erstwhile Corporation Bank on September 10, 1991, as a Probationary Officer. Over the years, he held key roles, including branch head positions across various geographies and leadership roles in zones and regions across India. He also gained international experience by heading the bank’s representative office in Dubai, UAE.

Shri Chandra’s stellar contributions have earned him numerous accolades, including:

  • Star Performer Award
  • Best Branch Award
  • Healthy Branch Award
  • Leadership Award
  • Champion of Champions Award

PNB MD&CEO Shri Ashok Chandra: Academic and Professional Background

Shri Chandra holds a Master’s Degree in Economics and is a Certified Associate of the Indian Institute of Bankers. He was also selected for the prestigious leadership program designed by the Banks Board Bureau, conducted by IIM Bangalore during 2019–2020.

With his vast experience and proven track record, Shri Ashok Chandra is poised to lead Punjab National Bank into a new era of growth and excellence.

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