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{{orphan|date=August 2023}}

{{Short description|Indian career banker}}
{{Infobox person
| name = Rajneesh Karnatak
| nationality = Indian
| education = [[Master of Commerce]]
| alma_mater =
| occupation = Banking Executive
| office = Managing Director and Chief Executive Officer of Bank of India
| predecessor = Atanu Kumar Das
}}

'''Rajneesh Karnatak''' is an Indian career banker who serves as the managing director and chief executive officer (CEO) of [[Bank of India]],<ref name=":0" /> a public sector bank in India.<ref>{{Cite web |date=2023-05-08 |title=Exclusive Conversation With Bank Of India MD & CEO Rajneesh Karnatak |url=https://www.businesstoday.in/bt-tv/interview-with-siddharth-zarabi/video/exclusive-conversation-with-bank-of-india-md-ceo-rajneesh-karnatak-380424-2023-05-08 |access-date=2023-08-16 |website=Business Today |language=en}}</ref><ref>{{Cite news |date=2023-05-08 |title=Asset quality not to be an issue, NPAs to go down further: Rajneesh Karnatak, Bank of India |work=The Economic Times |url=https://economictimes.indiatimes.com/markets/expert-view/asset-quality-not-be-an-issue-npas-to-go-down-further-rajneesh-karnatak-bank-of-india/articleshow/100067084.cms |access-date=2023-08-16 |issn=0013-0389}}</ref> He was appointed to this position by the government of India in 2023.<ref>{{Cite web |title=Shri Rajneesh Karnatak, Executive Director, Union Bank of India is appointed as a Managing Director and Chief Executive Officer of Bank of India {{!}} Department of Financial Services {{!}} Ministry of Finance {{!}} Government of India |url=https://financialservices.gov.in/notification/shri-rajneesh-karnatak-executive-director-union-bank-india-appointed-managing-0 |access-date=2023-08-16 |website=financialservices.gov.in}}</ref>

== Education ==
Karnatak completed his Master of Commerce from [[D.A.V. Post Graduate College, Dehradun|D.A.V. College Dehradun]] and obtained certification as a certified associate from the [[Indian Institute of Banking and Finance]] (IIBF) in 1996.<ref name=":0">{{Cite news |date=2023-04-29 |title=Rajneesh Karnatak appointed MD & CEO of Bank of India |work=The Times of India |url=https://timesofindia.indiatimes.com/business/india-business/rajneesh-karnatak-appointed-md-ceo-of-bank-of-india/articleshow/99873794.cms?from=mdr |access-date=2023-08-16 |issn=0971-8257}}</ref> In 2008, he completed the advanced management programme (AMP) at the [[International Management Institute, New Delhi|International Management Institute]]. In 2018, he participated in the leadership development programme at the [[Indian Institute of Management Kozhikode|Indian Institute of Management, Kozhikcode]].

He was also a part of the first batch of senior executives selected by the Financial Services Institutions Bureau (erstwhile [[Banks Board Bureau]]) for the leadership development program conducted by [[Indian Institute of Management Bangalore|IIM Bangalore]] and [[Egon Zehnder]].<ref name=":0" />

== Career ==
Prior to his appointment as the managing director and CEO of Bank of India,<ref>{{Cite web |title=Union Bank MD inaugurates 'Ethical Hacking Lab' in Hyderabad |url=http://www.uniindia.com/union-bank-md-inaugurates-ethical-hacking-lab-in-hyderabad/business-economy/news/2828202.html |website=[[United News of India]]}}</ref> Karnatak was an executive director at [[Union Bank of India]]. He also served in other banks such as [[Punjab National Bank]] and [[Oriental Bank of Commerce]].<ref name=":1">{{Cite web |title=Rajneesh Karnatak joins Bank of India as MD & CEO - ETHRWorld |url=https://hr.economictimes.indiatimes.com/news/industry/rajneesh-karnatak-joins-bank-of-india-as-md-ceo/99907213 |access-date=2023-08-16 |website=ETHRWorld.com |language=en}}</ref>

After the amalgamation of Oriental Bank of Commerce into Punjab National Bank, Karnatak headed the credit monitoring division and the corporate credit division in Punjab National Bank.<ref name=":1" /><ref>{{Cite web |date=2021-10-22 |title=Rajneesh Karnatak takes over as Union Bank of India Executive Director |url=https://www.moneycontrol.com/news/business/rajneesh-karnatak-takes-over-as-union-bank-of-india-executive-director-7612311.html |access-date=2023-08-16 |website=Moneycontrol |language=en}}</ref>

Karnatak has served in various non-executive roles as well. He was the non-executive chairman of UBI Services Ltd., representing Union Bank of India, and a non-independent non-executive director on the Board of UBI (UK) Limited.<ref name=":1" /> He also served as a nominee director on behalf of Punjab National Bank on the board of [[PNB Housing Finance Limited|PNB Housing Finance Ltd]]. and India SME Asset Reconstruction Company Limited. He also served as a board trustee on the governing board of IIFCL Asset Management Co (IAMCL).<ref name=":0" />

In 2023, Karnatak was appointed MD and CEO of Bank of India.<ref name=":0" /> He's featured on various business news channels, including [[CNBC]],<ref>{{Citation |title=Bank Of India's Rajneesh Karnatak On High Slippages In Q4 |url=https://www.youtube.com/watch?v=sPDSFj0ECGg |access-date=2023-08-16 |publisher=[[CNBC-TV18]] |language=en}}</ref><ref>{{Citation |title=CNBC-TV18 LIVE {{!}} Bank of India Q4 Earnings {{!}} Rajneesh Karnatak Exclusive |url=https://www.youtube.com/watch?v=9jQsYVqPDTw |access-date=2023-08-16 |language=en}}</ref> [[TV18]], [[ET Now]],<ref>{{Citation |title=Bank Of India Posts Record PAT In Q4 {{!}} Rajneesh Karnatak MD & CEO Of BoI Explains {{!}} Business News |url=https://www.youtube.com/watch?v=PbzXGp7siiY |access-date=2023-08-16 |language=en}}</ref> [[Business Today (India)|Business Today TV]], and [[Times Now]].

== See also ==

* [[Bank of India]]
* [[Bank of Baroda]]

== References ==
{{reflist}}
{{DEFAULTSORT:Karnatak, Rajneesh}}

[[Category:Indian bankers]]
[[Category:Indian corporate directors]]
[[Category:Living people]]

Rajneesh Karnatak - Revision history

Ajay Kumar: Creating a new article