SS Mundra takes charge as Chairman and Managing Director (CMD) of Bank of Baroda.
The government of India has appointed S S Mundra as the Chairman and Managing Director (CMD) of India’s second largest lender – Bank of Baroda (BOB). Prior to joining Bank of Baroda as Chairman and Managing Director, he was the executive director (ED) of Union Bank of India. Mr Mundra had started his career with the bank back in 1977 and he was with the Bank of Baroda till till 2008 as general manager heading European operations of the bank. He was elevated as executive director in Union Bank of India thereafter. He will be heading Bank of Baroda till July 2014. The top post in the bank fell vacant following superannuation of MD Mallya in November.