Bank of India(BOI) Promotes this General Manager as Chief General Manager

Bank of India (BoI) has announced a key leadership change with the elevation of Shri Shankar Sen to the position of Chief General Manager, effective January 1, 2026.

Shri Sen was previously serving as General Manager at the Field General Manager Office, Pune. With this promotion, he joins the bank’s top management team and will play a strategic role in strengthening operational and financial leadership across the institution.

Shri Shankar Sen is a highly experienced banking professional with over three decades of service across major public sector banks. He earlier served as Chief Financial Officer (CFO) of Bank of India from May 2020 to June 2023, where he played a crucial role in strengthening the bank’s financial position and governance framework.

He is a Chartered Accountant (FCA), holds an MBA from Swami Vivekananda Subharti University, and is a Certified Associate of the Indian Institute of Banking and Finance (CAIIB). His professional expertise spans credit management, risk, corporate and project finance, retail banking, international banking operations, finance, and accounting.

Over the years, Shri Sen has handled several key leadership assignments across corporate banking, project finance, international divisions, and large commercial branches, establishing a strong track record in strategic banking operations.

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What is the promotion policy for bank clerks?

Thousands of candidates join as bank clerks every year at various public sector and private sector banks with an aspiration of great future and a brighter career in store. Lots of candidates even land up to this job after possessing Engineering and Management degrees due to security of the job. Another benevolent factor for joining the banking industry among the candidates is its scope for future growth and development. It is easier to climb the ladder of success, once the candidates make sure their berth in any of the nationalised bank. The candidates after getting provisionally selected need to go through a three month training after which they get posted to various branches where the recruitment is for them. The candidates need to focus on their work and enhance their skills to further make their chances for future development and growth.

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Bank Officer Promotion Policy

F.No.411 1111201 1 -IR

Government of India 

Ministry of Finance 

Department of Financial Services 

Jeevan Deep, ilird Floor 

Parliament Street, New Delhi 

Dated the March 14t 2012. 

To 

Chairman & Managing Directors of all Public Sector Banks 

Subject : Guidelines for Promotions in Public Sector Banks 

Sir, 

The Government of India had vide circular of even no dated 5.12.2011 issued revised guidelines for eligibility and methods of promotions in Public Sector Banks while revising the guidelines issued earlier vide circular No. 4/5/6/84-lR dated 23.06. 1986 and 14/18.09. 1987 on the subject. 

2. Meanwhile, some references have been received from banks on the issue of 

operationalisation of these guidelines dated 5. 12.201 1 wherein it has been 

represented that the requirement of rural/semi urban posting or experience as Branch or Regional head etc be applied prospectively and certain relaxations be provided with reference specialists cadre and zone of consideration. 

3. After consideration, the Government, in supersession of the earlier guidelines issued vide circular of even number dated 5. 12.201 1, now issues these guidelines for promotion of officers in Public Sector Banks, while providing relaxations for prospective implementation in provisions requiring involving mandatory experience. 

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