NSEChange in Management9 Sept 2026 · 9 Sept 2026, 10:27 pm

Change in Management

Bank of Baroda · BANKBARODA

✦ AI SummaryMgmt Change

Bank of Baroda has informed the Exchange about a change in management, with Sumit Sachdeva resigning as Head - Large Corporate Relationships, citing a desire to pursue a new professional opportunity beyond banking.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Bank Of Baroda has informed the Exchange about change in Management

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BANKBARODA_09092026222659_SECHANGEFINAL.pdf

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BCC:ISD:118:16:469 09.09.2026 The Vice-President, The Vice-President, B S E Ltd., National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE CODE-532134 CODE-BANKBARODA Madam/Dear Sir, Re: Bank of Baroda – Change in Senior Management of the Bank. Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we annex details of change in Senior Management Personnel (SMP)/Functional Heads of the Bank. We request you to take note of the above pursuant to SEBI (LODR) Regulations, 2015 and upload the information on your website. Yours faithfully, S Balakumar Company Secretary Baroda Corporate Centre, Bandra Kurla Complex, Mumbai 400 051, India फोन / Ph : 91 22 6698 5812 ई मेल / E Mail : companysecretary.bcc@bankofbaroda.bank.in वेब / Web : www.bankofbaroda.bank.in Sr. No Details 1 Name of the SMP Mr. Sachdeva Sumit 2 Designation of SMP HEAD - Large Corporate Relationships Reason for change viz. appointment, re- 3 appointment, resignation, removal, death or Resignation otherwise. Date of appointment / re-appointment / cessation 4 (as applicable) & term of appointment / re- 09.09.2026 appointment. Brief Profile (in case of appointment) 5 NA In case of Resignation, letter of resignation along 6 with detailed reasons for the resignation as given by Personal & Professional aspirations the SMP. (resignation letter enclosed) Baroda Corporate Centre, Bandra Kurla Complex, Mumbai 400 051, India फोन / Ph : 91 22 6698 5812 ई मेल / E Mail : companysecretary.bcc@bankofbaroda.bank.in वेब / Web : www.bankofbaroda.bank.in Outlook Resignation from Service From Sum it Sachdeva [Head - Large Corp Relationships] <sumit.sachdeva@bankofbaroda.bank.in > Date Thu 13-Aug-26 10:37 PM To Ashwini Kumar [CGM - HRM] <cgm.hrm@bankofbaroda.bank in> Cc Lal Singh [Executive Director) <ed.ls@bankofbaroda.com> Dear Sir, I hereby tender my resignation from the services of Bank of Baroda. After considerable thought, I have decided to pursue a new professional opportunity beyond banking and take the next step in my career. This has been a difficult decision, given my long and enriching association with Bank of Baroda and the opportunities the Bank has provided me over the years. I am deeply grateful to the Bank and to all my seniors, colleagues and team members for their support, guidance and the many opportunities I have received during my tenure. I will ensure a smooth and comprehensive transition of my responsibilities and will extend my full cooperation during the notice period. I request you to kindly accept my resignation and advise me regarding the formalities and I will coordinate with HR department on the last working date which I request to be as early as Sep first week. I remain sincerely grateful to Bank of Baroda for being such an important part of my professional journey and wish the Bank and its people continued success. Thanks and Regards, Sumit Sachdeva Head- Large Corporate Relationships Baroda Corporate Centre, 6 Floor, C 26, G Block, Bandra-Kurla Complex, Bandra(East), Mumbai -400051 D: +91 22 6698 5601_ M: +91 9167930039