Debadatta Chand assumes charge as chief of Bank of Baroda

Deepadatta Chand has assumed the duties as Managing Director and Chief Executive Officer of Bank of Baroda (BoB) with effect from 1st July 2023.

His appointment follows Sanjeev Chadha’s retirement from the Bank’s service on 30 June 2023 upon the end of his tenure as Managing Director and CEO. Shatha has been at the helm of the public sector bank since January 2020.

Prior to his promotion as Managing Director and CEO, Chand held the position of Executive Director at BoB.

Subject to the approval given by the Cabinet Appointment Committee, the appointment of Chand as Chairman of the Board for a period of three years from the date of taking office on or after 1 July 2023, or until further orders, whichever is earlier.