Indian Bank Appoints Navin Kumar Shrivastava as Chief Risk Officer

CHENNAI – In a move to bolster its risk management framework, Indian Bank has announced the promotion of Shri Navin Kumar Shrivastava to the position of Chief General Manager and Chief Risk Officer (CRO). The appointment, disclosed in a regulatory filing on Wednesday, is set to take effect from January 1, 2026.

Shrivastava, who currently serves as the General Manager of the Bank’s Risk Management Department, brings over 31 years of extensive banking experience to the high-stakes role. His career has been marked by a deep immersion in treasury operations, international banking, and investment strategies.

An engineering graduate by training, Shrivastava’s technical background is complemented by advanced certifications, including a Diploma in Treasury, Investment and Risk Management, as well as a Diploma in International Banking and Finance. He is also a Certified Associate of the Indian Institute of Bankers (CAIIB).

The leadership change comes at a time when public sector banks are increasingly prioritizing risk mitigation amidst a volatile global economic landscape. Shrivastava will be responsible for overseeing the bank’s risk appetite and ensuring regulatory compliance across its vast operations.

The bank informed the National Stock Exchange (NSE) and BSE Limited that Shrivastava will succeed in his new capacity starting with the new calendar year, marking a strategic internal elevation for the Chennai-headquartered lender.