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January 22, 2013

Meet the New CMD of Bank of Baroda - S.S. Mundra

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The Centre has appointed the Executive director of Mumbai-based Union Bank of India, Mr S.S. Mundra as the Chairman and Managing Director of Bank of Baroda, The County’s second Largest lender. The top post in the bank fell vacant following the retirement of MD Mallya in the month of November. This will be Mundra's second stint with the bank. He had joined Bank of Baroda in 1977 and was there till 2008 as general manager heading European operations of the bank. He was later joined as an executive director in Union Bank of India.  Mundra’s tenure as the Bank of Baroda's chairman will be for one and half years until he retires in July 2014.

Who will be the new executive director of Union Bank of India ?

Union Bank of India named K. Subrahmanyam as the new executive director (the post which is going to be vacant after Mundra leaves the bank). Subrahmanyam joins the bank from Indian Overseas Bank.

Check out the detailed list of CMDs of all Nationalized Banks 2013

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