Bank of India appointed Raj Kumar Sharma as Part-Time Non-Official Director on its board with effect from 13 August 2026, the public sector lender said in a BSE filing on Thursday. The appointment follows his nomination by the Central Government through a notification dated 12 August 2026.

Sharma will serve for three years or until further orders, whichever is earlier. The bank informed the BSE and the National Stock Exchange of the management change under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The nomination was made in exercise of the powers conferred by clause (h) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Professional and academic background

According to the profile attached to the exchange filing, Raj Kumar Sharma is 59 years old and holds a law degree. He has also completed a Bachelor of Commerce in Management from Guwahati Commerce College and is a Fellow Member of the Institute of Company Secretaries of India.

Sharma has practised as a company secretary since 1997 and has extensive professional experience in company law and related matters. His professional roles include:

  • Serving two terms as chairman of the North-East Chapter of the Institute of Company Secretaries of India during 2011-2012.
  • Currently serving as a member of the chapter's management committee.
  • Serving as secretary of the Tax Bar Association, Assam, in 2006.
  • Regularly speaking on income tax and company law at professional platforms.

Other organisational roles

Beyond his legal and company-secretarial work, Sharma has been associated with Marwari Yuva Manch. He served two terms as a national executive member and is currently a state executive member of the organisation.

The filing was submitted under Bank of India's NSE symbol BANKINDIA and BSE scrip code 532149. Company Secretary Usha Ramsinghani signed the communication addressed to the listing departments of both exchanges.

The disclosure identifies Sharma's position as a part-time, non-official directorship and specifies the tenure set by the Central Government notification. The filing does not provide any additional terms relating to the appointment.

Source: BSE corporate announcement.