Mumbai: Bank of Baroda (BoB), one of India’s leading public sector banks, has announced senior management appointments in its Stressed Asset Management vertical, effective December 1, 2025. The appointments are intended to strengthen leadership, enhance operational efficiency, and reinforce risk mitigation strategies in managing stressed assets across the bank’s portfolio.
Rakesh Kumar Sharma Appointed CGM, Stressed Asset Management
Mr. Rakesh Kumar Sharma has been appointed as Chief General Manager (CGM) of the Stressed Asset Management division. A seasoned banking professional, Mr. Sharma holds a Bachelor’s degree in Commerce and is a certified CAIIB. With over 35 years of experience in the banking sector, he has extensive expertise in managing stressed assets, resolving complex credit cases, and implementing effective recovery strategies.
In his new role, Mr. Sharma is expected to lead strategic initiatives for the bank’s stressed asset management, ensuring timely resolution of non-performing assets (NPAs) and strengthening the bank’s overall credit portfolio.
Dinesh Pant Designated as CGM(OSD), Stressed Asset Management
In addition, Mr. Dinesh Pant has been designated as CGM(OSD) in the same division. While specific details of his profile were not disclosed, the move reflects a restructuring in senior leadership aimed at enhancing operational effectiveness and ensuring better coordination in handling stressed accounts.
Compliance and Communication
The appointments were officially communicated by S. Balakumar, Company Secretary of Bank of Baroda, to both BSE Limited and National Stock Exchange of India Limited in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These changes signify the bank’s commitment to strengthening governance and leadership in its critical Stressed Asset Management vertical.
About Bank of Baroda
Bank of Baroda is a prominent public sector bank in India, serving millions of customers through its extensive network of branches and digital platforms. With a strong presence in retail, corporate, and international banking, the bank continually focuses on operational excellence, financial inclusion, and innovative banking solutions to support India’s growing economy.
