BANKBARODANSEBank of Baroda· BanksHighNegative
Announced Thu, 16 Apr · 14:40 IST

Bank Of Baroda has informed the Exchange regarding Cessation of Mr Sushanta Kumar Mohanty as CGM and Head Treasury and Global Markets of the company w.e.f. April 15, 2026.

Kmp ResignedManagement Changes View source PDF

BANKBARODA · price

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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹278.60
prior close
₹279.40
base price
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1+0.1+0.2+0.3+0.6+1.9+1.5-0.9-1.8-5.4-6.4-1.1-10.8
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AI summary

Bank of Baroda has announced the cessation of Mr. Sushanta Kumar Mohanty from his role as Chief General Manager and Head of Treasury and Global Markets, effective April 15, 2026. The reason stated is that he has been identified for appointment as Executive Director in Bank of Maharashtra. This is a transfer to another public sector bank rather than a voluntary resignation. The change has been filed under SEBI LODR Regulation 30 and a DFS Notification dated April 15, 2026.

Likely market impact

This is a routine inter-bank transfer of senior management personnel within the public sector banking system and is unlikely to have any significant impact on Bank of Baroda's operations or stock price.