Mundra is new CMD of Bank of Baroda

The Centre has appointed S. S. Mundra as Chairman and Managing Director of Bank of Baroda.

The appointment came nearly two months after M. D. Mallya, erstwhile Chairman and Managing Director had superannuated.

Prior to this, Mundra was Executive Director at Union Bank of India. His tenure as Chairman and Managing Director of BOB is till July 31, 2014.

Union Bank ED

The Centre has also appointed K. Subrahmanyam as Executive Director of Union Bank of India to fill up the vacancy due to Mundra’s elevation.

Subrahmanyam is currently General Manager, Indian Overseas Bank, and is due to superannuate in end-July 2015.

Srivats.kr@thehindu.co.in