Bank of Baroda appoints new Chief Technology Officer

Management Changes View source PDF Explain this filing

BANKBARODA · price

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Price reactionminutes from the announcement price · days from the prior close

+2.2%Reaction day

₹245.60

prior close

₹246.11

announcement price

After-mkt

timing

Nifty 100market+0.1%+2.1% vs market

Public Sector Bank peers, median of 11sector+1.2%+1.0% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty 100 and 1.0 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.3

15m

+0.2

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+0.1+2.1+1.2+1.0

Next day

+1.8-0.1+1.9+1.0+0.8

+0.9-0.1+1.0-0.0+0.9

+0.0-0.5+0.5+0.3-0.2

+1.8-0.6+2.3+2.5-0.8

+1.1-0.7+1.8+2.3-1.3

+0.4-1.1+1.5+2.0-1.6

15d

-2.1-1.8-0.3-0.2-1.9

-3.7-3.3-0.4-1.2-2.5

-5.3-7.2+1.9-6.2+0.9

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UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bank of Baroda has appointed Mr. Nema Rakesh as Chief Technology Officer, designated as Chief General Manager, at its Corporate Centre in Mumbai, effective 5 August 2026. He holds a Master's degree in Science and a PG Diploma in Computer Applications, with over 25 years of experience within the bank. This is an internal promotion of a long-serving banker.

Likely market impact

Internal CTO appointment; routine leadership change with no material impact on stock.