Amit Mittal Elevated to Group CFO to Lead Financial Strategy at Canara Bank

Amit Mittal has been elevated as the Group Chief Financial Officer (CFO) of Canara Bank, bringing with him over a decade and a half of experience in the banking industry. With more than 16 years of dedicated service at Canara Bank, his elevation to the top financial leadership role is a testament to his deep understanding of the institution’s operations and strategic priorities. The appointment, effective from March 25, 2025, is for a period of three years or until further orders, marking a significant step in the public sector bank’s senior management restructuring.

A Chartered Accountant by qualification, Amit Mittal began his journey at Canara Bank in May 2008. Over the decades, he has served in diverse capacities across various branches and administrative offices, developing a holistic view of the bank’s functions. His tenure has been characterized by a keen focus on operational efficiency, regulatory compliance, and sustainable financial practices. His extensive experience across multiple business functions equips him well to lead the bank’s financial planning and strategy.

In his new role as Group CFO, Amit Mittal will be responsible for steering the financial operations of Canara Bank across its key business verticals—treasury, retail banking, wholesale banking, life insurance, and digital banking. His appointment comes during a time when the banking industry is rapidly evolving with growing emphasis on digital transformation, financial prudence, and shareholder value. His leadership will be instrumental in aligning Canara Bank’s financial goals with its broader business objectives.

The move also reflects Canara Bank’s commitment to nurturing internal talent and strengthening leadership from within. By entrusting this key role to a long-serving professional, the bank underscores its focus on continuity, stability, and strategic depth in navigating the complexities of the modern banking environment.

Amit Mittal’s journey from regional roles to the highest level of financial leadership signals a new era in Canara Bank’s fiscal governance and performance optimization. With his strong grounding in financial management and proven track record within the institution, he is well-positioned to drive forward the bank’s financial vision and long-term resilience.

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