Bank Of Baroda has informed the Exchange about change in Key Managerial Personnel
BANKBARODA · price
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On the reaction day the stock moved 0.5 pts more than Nifty 100 and 0.1 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Bank of Baroda has informed the stock exchanges about two changes in Key Managerial Personnel, both effective May 26, 2025. L Sridhar Inumella has been appointed as the Chief Financial Officer (CFO); he is a qualified Chartered Accountant with over 17 years of experience in the Bank, primarily in Financial and Credit Operations. V Chayani Manoj Sundar, a Chartered Accountant and ICWA with 19+ years in the Bank, has undergone a change in designation to Zonal Head - Bengaluru, described in the filing as a 'deployment'. No resignations or cessations have been reported in this disclosure.
The new CFO is an internal promotion (17+ years with the Bank), which signals continuity in financial leadership. For shareholders, this is a routine governance update with no material negative implications; the stock is unlikely to see significant movement on this news alone.