About Us

Shri Debadatta Chand is Managing Director and Chief Executive Officer of Bank of Baroda. Shri Chand is a B.Tech, MBA, CAIIB qualified Banker with PG Diploma in Equity Research and Certified Portfolio Manager. He has over 27 years of experience in Commercial Banks and Developmental Financial Institution. He started his career in Allahabad Bank as Officer in 1994 and subsequently worked as Manager in Small Industries Development Bank of India [SIDBI] from 1998 to 2005. He joined Punjab National Bank in the year 2005 as Chief Manager, rose to the level of Chief General Manager. Prior to joining Bank of Baroda as an Executive Director, he was heading Mumbai Zone as CGM, PNB. During his long stint in the Banking Industry, he gained varied exposures in all important spheres of operational and strategic Banking with special expertise in Treasury Investment Banking and Market Risk Management. He successfully handled the responsibilities such as Head of Zonal Audit Office, Patna, Circle Head of Bareilly, Head of Integrated Treasury Operation of the Bank and Zonal Head of Mumbai Zone – one of the Biggest Zones of the Bank. He was also on the Board of PNB Principal Mutual Fund, SWIFT India Pvt. Ltd and many of the Private Equity funds ex-officio in India and also in one of the overseas subsidiaries of the Punjab National Bank. Shri Debadatta Chand has been appointed as a Nominee Director of the Company with effect from November 24, 2021 and designated as Chairman of the Company w.e.f. 03.07.2023.

Shri Lalit Tyagi, having started his career as Probationary Officer in Bank of Baroda in 1996, has over 27 years of rich experience in various spectrum of commercial banking, particularly in Corporate Finance, Risk Management, International Banking and Administrative Roles. He has been an operational banker having vast experience of working in different branches / offices in India and abroad, including two stints in Bank’s overseas operations; viz. Brussels, Belgium and New York, USA. He has successful experience of leading Bank’s important units such as Regional Head of Bangalore Region, General Manager & Branch Head of Bank’s largest Corporate Financial Services Branch, Mumbai and Chief General Manager (Chief Executive) of Bank’s largest overseas territory US Operations, New York. Prior to his appointment as Executive Director of Bank of Baroda on 21st November 2022, he was the Chief Executive of Bank’s US Operations, New York. He has also served as Director in Canbank Computer Services Ltd. (CCSL – a wholly owned subsidiary of Canara Bank) and Non-Executive Chairman of Bank of Baroda (Guyana) Inc. in the past. Currently he is serving as Nominee Director in BOB Capital Markets Ltd, India Infradebt Ltd and Bank of Baroda (UK) Ltd. As Executive Director in Bank of Baroda, he currently looks after Corporate & Institutional Banking, Treasury & Global Markets, Mid-Corporate Business, International Banking, Domestic Subsidiaries/Joint Ventures. In the past, he had also overseen the key platform functions such as Compliance, Risk Management, Audit & Inspection, Credit Monitoring, Collections, Legal and HRM. Shri Tyagi is known for his leadership and motivational skills. He has Post Graduate Diploma in Banking & Finance (PGDBF) from National Institute of Bank Management (NIBM), Pune and is also a Certified Associate of Indian Institute of Bankers. He has been identified as one of Public Sector Bankers by Bank’s Board Bureau (now known as Financial Services Institutions Bureau) for future leadership roles.

Rajeshree Sabnavis specialises in tax advisory and transaction tax matters and has over 20 years of experience in advising clients on their cross border acquisitions and implementing the India business strategy for multinationals. She has also advised multinationals including Fortune 500 companies in the areas of tax and transfer pricing, and has assisted large Indian Companies in implementing their transfer pricing across jurisdictions in the ITES sector. She has worked with some of the larger portfolio investors investing in India including some of the large Institutional investors in managing their tax compliance and litigation in India. Rajeshree is part of the Direct Taxation Committee with the Bombay Chamber of Commerce where she is a Co-Chairperson. In this capacity, she has represented India business Houses and Multinationals on various tax issues before the Central Board of Direct Taxes. She is a qualified Chartered Accountant and a Company Secretary. Ms. Rajeshree Sabnavis has been appointed as an Independent Director of the Company with effect from 06.05.2017. Ms. Rajeshree Sabnavis has been re-appointed as an Independent Director of the Company with effect from 06.05.2022.

Shri Arvind Mahajan, is a graduate (B.Com. Hons) from Shriram College of Commerce, Delhi University and has a Post Graduate Diploma in Management from IIM, Ahmedabad. He is a Fellow of the Institute of Management Consultants of India and has attended management development programmes of Michigan Business School and Harvard Business School. He has more than 38 years' experience in management consulting & industry. His management consulting experience has included more than 22 years as partner with AF Ferguson & Co, Price WaterhouseCoopers, IBM Global Business Services and most recently with KPMG. His industry experience was with Procter and Gamble in financial management and management reporting. In his career at KPMG India (2006-2016) he has lead the management consulting services and later the energy, infrastructure, government and healthcare practices of the firm. He also had the privilege of being member of KPMG's Global Management Consulting and Global Infrastructure sector Leadership teams. On retirement from KPMG, he set-up Samiksha Advisors LLP (August 2016), a strategy and board advisory firm, of which he is Managing Partner. His specialization is in advising CEOs & Boards in area of business strategy & helping "make strategy happen" through growth & transformation initiatives. He has also has strong background in corporate finance, enterprise risk management & people and change. He has advised clients in a diversified portfolio of industries with special emphasis on energy, infrastructure, resources, financial services, technology and telecom sectors His clients have included some of India's leading business groups and MNCs as well as government organizations including PSUs. Shri Arvind Mahajan has been appointed as Independent Director of the Company with effect from 15.09.2017.

Shri Sanjeev Dobhal is a Master in Science with professional Qualification of CAIIB. He joined Bank of Baroda as General Manager on 1.4.2019. He was promoted to Chief General Manager on 1.8.2021. Shri Sanjeev Dobhal is a career Banker having experience of around 30 years since he joined Dena Bank in 1993. Prior to joining Bank of Baroda, he served Dena Bank as General Manager from 1.3.2018 till 31.3.2019. During his long career in the Bank, he handled a variety of functions. He worked as Branch Head, Secretary to Board and was also looking after Business Process Engineering Projects, Planning Vertical, Wealth Vertical, Facility Management, Zonal Head, etc. He also looked after Subsidiaries JVs, Project BOBNOWW Special Projects and also headed Co-lending Vertical. He was also a member of various committees of Bank of Baroda. Shri Sanjeev Dobhal has been appointed as a Managing Director and Chief Executive Officer of the Company with effect from July 25, 2023.

Mr Ravindra Singh Negi is an Arts Graduate and also completed other post graduate courses viz., CAIIB, PGDBF (NIBM), FRM (GARP). Mr. Negi with over 24 years of rich and diverse experience at Bank of Baroda is a career Banker. He brings deep expertise and experiences in the field of Risk Management, Treasury, Corporate Credit, Retail Credit, International Banking, General Branch Banking and Retail Liabilities to our Board. In his current role as Chief General Manager, Retail Liabilities, he is responsible for designing and executing new Business strategies for driving CASA and Term deposits growth of the Bank. Previous to this he was heading one of the largest Zone of the Bank as Zonal Head of New Delhi Zone. Prior to his role as Zonal Head New Delhi Zone, he was involved in the BOB NOWW Project of the Bank and was also Executive Secretary to MD CEO. BOB NOWW was largest transformation projects at Bank of Baroda touching aspects such as Corporate Credit, MSME Credit, Retail Credit, Agri Credit, Collections, Wealth Management, Subsidiaries, and International Operations etc. As Executive Secretary to MD CEO his role included scrutinizing and critically analyzing all matters from various functions such as Risk, Credit, Treasury, Retail Asset, Retail Liabilities, Rural Agriculture, Financial Inclusion etc. being put up to the office of the MD CEO and present findings to the MD CEO. He is having rich experience in Risk Management for over 11½ years, he was Deputy Chief Risk Officer (Dy.CRO) for over 2 years to the Bank of Baroda's Global Operations, Chief Risk Officer(CRO) for Bank's GCC operations based in Dubai, UAE and headed Banks' Global Mid Office (Treasury) for 2 years. Shri Ravindra Singh Negi has been appointed as Director of the Company with effect from July 03, 2023.

Shri Sanjiv Saraff has been appointed as Joint Managing Director of the Company w.e.f. April 2021. Mr. Saraff has over 25 years of experience in Financial Services. Prior to joining Bank of Baroda, he has worked with ICICI Group for 17 years in various roles encompassing Investment Banking at ICICI Securities, Product & Distribution at ICICIdirect and Private Banking & Retail Banking at ICICI Bank. He has also been a VC nominee Director on boards of several companies. He is an MBA from Delhi University and commerce graduate from St. Xavier's College, Calcutta University. He has been an active committee member of CII, Indian Merchants Chambers and Founder-mentor of CII's Young Indians. His areas of specialisation include Investment Banking, Retail Banking, Wealth Advisory, Broking & Distribution, Venture Capital & Fintech.