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After over 14 months, public sector lender Bank of Baroda has appointed a full time chief executive for the bank. P S Jayakumar, the former chief executive of VBHC Value Homes, took charge as the new MD and CEO of Bank of Baroda. He will be in this possition for three years. After over 14 months, Bank of Baroda now has appointed a full time chief executive.
BOB has been without a full-time CEO since August 2014. Mr Jayakumar has replaced S S Mundra, who moved to Reserve Bank of India as deputy governor in July 2014. Post Mundra's exit, executive director has been handling the operations.
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