New Delhi: In a key development, the Central Government has extended the tenure of Sanjay Vinayak Mudaliar, Executive Director (ED) of Bank of Baroda, until his retirement on July 31, 2028. Previously, his term was scheduled to end on December 31, 2025.
Official Notification and Regulatory Compliance
The extension was formalized through a government notification dated September 15, 2025, under the powers granted by the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. The decision was also communicated to stock exchanges to comply with SEBI regulations on timely disclosure of such key appointments.
Importance of Leadership Continuity at Bank of Baroda
This extension ensures uninterrupted leadership at one of India’s largest public sector banks. Sanjay Vinayak Mudaliar’s prolonged tenure is expected to provide stability and strategic guidance as the bank navigates a competitive banking environment and strives to enhance its growth trajectory.
About Sanjay Vinayak Mudaliar
Mr Mudaliar has been an integral part of Bank of Baroda’s leadership team. His experience and expertise have contributed significantly to the bank’s operations and governance. The extension recognizes his valuable role and continued contribution to the bank.
About Bank of Baroda
Bank of Baroda, a leading public sector bank, serves over 150 million customers through a strong global presence spanning 17 countries. Known for its customer-centric products and innovation, the bank continues to expand digital banking solutions while delivering competitive retail, corporate, and international banking services.
