Bank of Baroda Appoints Mr. Dhar Shashi Jaikishore as Head, Treasury & Global Markets

Bank of Baroda has announced a key change in its senior management, appointing Mr. Dhar Shashi Jaikishore as Head, Treasury & Global Markets, Mumbai Special Treasury. The appointment, effective 06.05.2026, was disclosed to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senior Management Appointment Details

The following table summarises the key details of the appointment as disclosed by the bank:

Parameter:	Details
Name:	Mr. Dhar Shashi Jaikishore
Designation:	Head, Treasury & Global Markets, Mumbai Special Treasury
Reason for Change:	Appointment
Date of Appointment:	06.05.2026 (Date of orders)

Profile of the Appointee

Mr. Dhar Shashi Jaikishore brings a strong academic and professional background to his new role. His qualifications and experience are outlined below:

Academic Qualifications: Bachelor's degree in Commerce & Law
Professional Qualifications: Diploma in Business Finance and CAIIB
Experience: Over 28 years of experience in Bank of Baroda

Regulatory Disclosure

The disclosure was made by Company Secretary S Balakumar on behalf of Bank of Baroda, addressed to BSE Ltd. and the National Stock Exchange of India Ltd. The bank requested both exchanges to take note of the development and upload the information on their respective websites, in compliance with SEBI (LODR) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.02%	+0.78%	+4.08%	-5.59%	+20.74%	+282.66%

Bank of Baroda has received a Letter of Appointment from the Pension Fund Regulatory and Development Authority (PFRDA) to act as Sponsor of Pension Fund under the PFRDA (Registration of Pension Funds) Guidelines, 2026. The development was disclosed to the stock exchanges on May 06, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Development: PFRDA Appointment

The appointment marks a significant step for Bank of Baroda in the pension fund space. As per the disclosure, the bank proposes to set up a Pension Fund Management Company following the receipt of this Letter of Appointment, subject to other regulatory approvals. The bank has communicated that further disclosures will be made as and when there are material developments in the matter.

The key details of this regulatory disclosure are summarised below:

Parameter:	Details
Appointing Authority:	Pension Fund Regulatory and Development Authority (PFRDA)
Nature of Appointment:	Sponsor of Pension Fund
Governing Guidelines:	PFRDA (Registration of Pension Funds) Guidelines, 2026
Proposed Action:	Setting up a Pension Fund Management Company
Subject To:	Other regulatory approvals
Disclosure Date:	May 06, 2026
Regulatory Framework:	Regulation 30 of SEBI (LODR) Regulations, 2015

Regulatory Disclosure

The disclosure was made by S Balakumar, Company Secretary of Bank of Baroda, and was addressed to both BSE Ltd. and the National Stock Exchange of India Ltd. The communication was made in compliance with the bank's listing obligations under SEBI (LODR) Regulations, 2015. Bank of Baroda has indicated that it will keep stakeholders informed of any further material developments related to the proposed Pension Fund Management Company.