Punjab & Sind Bank announced a leadership change at the top, with General Manager Gajraj Devi Singh Thakur superannuating from the bank at the close of business on 30 October 2026. In his stead, Vinay Khandelwal has been appointed as General Manager, with effect from 1 November 2026, marking a carefully timed handover to fresh leadership at the executive level.
The bank’s accompanying Annexure I provides a snapshot of the incoming executive, naming Vinay Khandelwal as the General Manager and detailing a brief profile that mentions Santosh Neeraj—described as 47 years old, who joined the bank in 2012 and is identified as a Chartered Accountant and Company Secretary with CAIIB qualification. The document also notes that there is no disclosed relationship between directors in this change.
This move underscores a thread of continuity in Punjab & Sind Bank’s executive leadership as it navigates a regulatory and market environment that demands steady governance and operational execution. While Thakur’s long tenure comes to a close, the appointment of Khandelwal positions the bank to push forward with its strategic agenda and ongoing initiatives across its units and functions.