Bank of Maharashtra announced that Shri Arun Fanidhar Kabade, General Manager has been designated as Chief Risk Officer of the Bank in place of Shri Sanjay Rudra on account of his elevation as Executive Director of Union Bank of India. Brief profile: Shri Arun F. Kabade, aged 55 years, is Post Graduate in Science by qualification having overall experience of more than 28 years in the field of Banking Operations, Credit Monitoring, Risk Management, Audit, Information Technology etc., He has been associated with Bank since December, 1998.