StockWatch
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Public Sector Bank
Management Change4 Jun 2026, 09:41 pm

Bank of Baroda Announces Senior Management Changes

AI Summary

Bank of Baroda announced changes in its Senior Management Personnel (SMP) and Functional Heads. Mr. Shukla Saurabh Ravishankar and Mr. Nema Rakesh had changes in their designations, effective June 4, 2026. Mr. Shukla is now CGM, Officer On Special Duty, IT Projects, and Mr. Nema is CGM, IT Operations, Infrastructure, CBS, IT Projects, Development, CoE & IT Procurement. Mr. Singh Sanjay Kumar was appointed as Head - Financial Inclusion & CSR, also effective June 4, 2026. All three individuals bring significant experience to their roles, with Mr. Shukla having over 20 years, Mr. Nema over 25 years, and Mr. Singh over 28 years in the Bank.

Key Highlights

  • Bank of Baroda announced changes in senior management roles.
  • Mr. Shukla Saurabh Ravishankar and Mr. Nema Rakesh had designation changes.
  • Mr. Singh Sanjay Kumar was appointed as Head - Financial Inclusion & CSR.
  • All changes are effective from June 4, 2026.
  • New appointees/designees bring extensive experience to their roles.