Matam Venkata Rao took charge as Executive Director of Canara Bank on Monday.
Rao had previously worked as General Manager of Allahabad Bank. He had headed the bank’s verticals, including corporate credit, debt restructuring and retail banking.
He was instrumental in launching a transformative project in Allahabad Bank to put the focus on asset-centric banking. He is a Certified Associate of the Indian Institute of Bankers.