Canara Bank announced that the central government has appointed Shri Lingam Venkata Prabhakar, Executive Director, Punjab National Bank as the Managing Director & Chief Executive Officer of Canara Bank with effect from the date of his assumption of office on or after February 1, 2020 and up to the date of his attaining the age of superannuation (i.e. December 31 2020), or until further orders, whichever is earlier, vide Government of India, Ministry of Finance, Department of Financial Services notification No. F.No. 4/2/2019-BO-I, dated 20th January, 2020.