Bank of Baroda changes senior management designations
Bank of Baroda announced changes in its senior management personnel, including appointments and designation changes, effective June 4, 2026. The bank revised the designations of Mr. Shukla Saurabh Ravishankar and Mr. Nema Rakesh while appointing Mr. Singh Sanjay Kumar as Head - Financial Inclusion & CSR.

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Bank of Baroda has announced changes in its senior management personnel, including appointments and designation changes, effective June 4, 2026. The bank communicated these changes to the stock exchanges pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The restructuring involves key roles in IT operations and financial inclusion.
Mr. Shukla Saurabh Ravishankar has been assigned the role of CGM, Officer On Special Duty, IT Projects, BCC, Mumbai. He holds a Bachelor's degree in Engineering and a Master of Science in Business Analytics, bringing over 20 years of experience within the bank to this position.
Mr. Nema Rakesh has been designated as CGM, IT Operations, Infrastructure, CBS, IT Projects, Development, CoE & IT Procurement, BCC, Mumbai. He holds a Master's degree in Science and a P G Diploma in Computer Applications, with over 25 years of experience at the bank.
Mr. Singh Sanjay Kumar has been appointed as Head - Financial Inclusion & CSR, Vadodara, Head Office. He holds a Master's degree in Arts and possesses over 28 years of experience in the bank.
Senior Management Changes
The following table details the personnel changes effective from the date of the orders:
| Name | New Designation | Reason for Change | Date of Orders |
|---|---|---|---|
| Mr. Shukla Saurabh Ravishankar | CGM, Officer On Special Duty, IT Projects, BCC, Mumbai | Change in Designation | 04.06.2026 |
| Mr. Nema Rakesh | CGM, IT Operations, Infrastructure, CBS, IT Projects, Development, CoE & IT Procurement, BCC, Mumbai | Change in Designation | 04.06.2026 |
| Mr. Singh Sanjay Kumar | Head - Financial Inclusion & CSR, Vadodara, Head Office | Appointment | 04.06.2026 |
Historical Stock Returns for Bank of Baroda
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.91% | +0.13% | +2.98% | -5.47% | +6.95% | +231.66% |
How will the new IT leadership structure impact the bank's digital transformation roadmap?
What strategic shifts in financial inclusion and CSR initiatives are expected under the new head?
Could these management changes signal a broader organizational restructuring within the bank?


































