Bank of Baroda Appoints Rakesh Nema as New CGM IT Operations Head; Sanjay Kumar Singh Gets Key Designation Change (April 2026)

Mumbai, 3 April 2026 – Bank of Baroda (BSE: 532134 | NSE: BANKBARODA) has informed the stock exchanges about important changes in its senior management personnel under Regulation 30 of SEBI (LODR) Regulations, 2015.

According to the official filing submitted on 3 April 2026, the public sector lender has made the following appointments/changes effective 2 April 2026:

1. Appointment of Mr. Rakesh Nema as CGM & Head – IT Operations

Designation: Chief General Manager (CGM), IT Operations Head
Date of Appointment: 02-04-2026
Profile: Mr. Nema holds a Master’s degree in Science, PG Diploma in Computer Application, and CAIIB. He brings over 25 years of rich experience in the Bank.

2. Change in Designation of Mr. Sanjay Kumar Singh

New Designation: Head – Official Languages & Parliamentary Committees
Date of Change: 02-04-2026

These internal leadership movements are aimed at strengthening the bank’s technology operations and official language compliance functions.

The Bank stated that the changes have been disclosed in compliance with SEBI regulations and requested the exchanges to take the information on record.

Bank of Baroda’s official statement: “We request you to take note of the above pursuant to SEBI (LODR) Regulations, 2015 and upload the information on your website.”

This development comes at a time when public sector banks are focusing heavily on digital transformation and technology modernisation. The appointment of an experienced IT leader like Mr. Nema is expected to further accelerate Bank of Baroda’s ongoing tech initiatives.

Stay tuned for more updates on Bank of Baroda’s leadership moves, financial performance, and strategic developments.