Mr. P. S. Jayakumar, 56 years is a Chartered Accountant by qualification and additionally holds a Post Graduate Diploma in Business Management from XLRI Jamshedpur. He also has the distinction of being a Chevening Gurukool Scholar through the London School of Economics and Political Science.
Prior to his appointment as MD & CEO of Bank of Baroda in October 2015, he was the Co-founder and CEO of VBHC Value Budget Housing (VBHC), a leader in housing for low and moderate income household from 2009 to 2015. He was also the Co-founder and Non-Executive Promoter Director for Home First Finance Company (HFFC), a housing finance institution regulated by the NHB, focused on financing customers who are not able to access mortgage loans from the banking sector.
He is a career banker having spent over 23 years in Citibank in India and Singapore starting in 1986. He has contributed to several innovations in retail banking in India. In addition, he was associated with the first asset securitisation in India in 1991 and the first multi-lingual biometric ATM for the financially excluded in 2006.
Mr. Jayakumar has held diverse assignments while at Citibank such as Treasurer - Consumer Bank, Business Development Head covering deposit and lending business, Managing Director for Citifinancial Ltd, Managing Director and Head of Citibank Consumer Loan for Asia Pacific Countries (covering Indonesia, Philippines, Australia, Hong Kong and Korea), Country Head - Citibank Consumer Business and Head of Balance Sheet Management - Asia Pacific. Mr. P. S. Jayakumar has also served as a Board Member in many of Citibank’s subsidiaries in India.
Mr. Jayakumar joined Bank of Baroda on October 13, 2015 and has since been steering the Bank's comprehensive transformation journey currently underway across all aspects - business, digital and technology, compliance and controls, organization and people.
Mr. Jayakumar is currently a member of the Board of Directors of the following entities that are part of the Bank of Baroda Group:
Shri Mayank K. Mehta assumed the charge as Executive Director of Bank of Baroda on 22nd January, 2016. Prior to his elevation as Executive Director of Bank of Baroda, he was General Manager and Chief Financial Officer (CFO) at Union Bank of India.
Born on 12th September, 1958, Shri Mehta holds a Bachelors degree in Science from South Gujarat University and is also a Certificated Associate of Indian Institute of Banking and Finance (CAIIB).
Shri Mehta started his career in Union Bank of India in 1977 and rose to the position of General Manager in October 2012. He has held wide range of responsibilities in various capacities before his elevation as General Manager of Union Bank of India. Mr. Mehta, an expert in International Banking, has also been instrumental in technological development of the Bank and successful implementation of Core Banking Solution of the Bank.
Mr. Mehta was a Director on the Board of Union KBC Asset Management Company Private Limited, a Subsidiary of Union Bank of India. He was also a Director on the Board of KITCO Limited (formerly Kerala Industrial and Technical Consultancy Organisation Ltd.) between years 2010-12.
Mr. Ashok Kumar Garg is an internationally accomplished career banker with more than 38 years of strong banking experience across four continents i.e. Asia (India), Europe (London), Africa (Uganda) and USA (New York).
As an Executive Director of Bank of Baroda, Mr. Garg has the entrusted responsibility of overall growth &’ development of Banks’ Business and its Brand value. He is directly responsible for the oversight of various verticals comprising of Treasury, Digital and Fintech, Retail, MSME, Rural & Agriculture, Financial Inclusion, Domestic and NRI resources, Marketing, & Wealth Management and has successfully steered the banking operations in the areas of Recovery and NPA resolution, Risk Management, HR and Information Technology.
He oversees the operations of The Nainital Bank Ltd, 3 RRBs with 1900+ branches located in UP, Rajasthan and Gujarat, 5450+ branches & 10000+ Alternate delivery channels across India through 13 Zones and monitors the operations of all the domestic subsidiaries & Joint ventures of the Bank.
He is on Board of Directors of Bank of Baroda (Kenya) Limited, Bank of Baroda (Guyana) Inc., Bank of Baroda (Trinidad & Tobago) Ltd., India First Life Insurance Company Ltd (India) and BOB Financial Solutions Ltd, India.
Before his elevation as ED, he played a significant role in ensuring the top and bottom line growth as Chief Executive of Bank’s US Operations. Prior to this, he made impactful contribution as the Managing Director of Bank of Baroda (Uganda) Ltd., where he also served as the Chairman of Baroda Capital Markets (Uganda) Ltd., and as a Director and governing council member on the Boards of Uganda Securities Exchange (USE) and Uganda Banking and Financial Services Ltd.
During his stewardship he has been instrumental in garnering various awards and accolades for the Bank Viz. Pearl of Africa Lifetime Achievement Award 2013 by the Prime Minister of Uganda, International Award for business excellence 2013 conferred by the global Trade Leaders Club, Madrid Spain, FIRE Award 2012 for financial reporting by CPA Institute Kenya, Super Brand East Africa 2013-2014 Award conferred by super brands, the world’s largest independent arbiter of branding, Commercial Bank of the year – Uganda 2014 award by the International Banker London and recently he has also been given the “Rajbhasha Kirti” award by the president of India.
Mr. Garg holds a Master’s Degree in Commerce and a Bachelor’s Degree in Law from Delhi University. He is an aluminous of Shri Ram College of Commerce (SRCC). He is also a Certified Associate of Indian Institute of Banking & Finance (CAIIB).
In his free time he loves to read, practice Yoga and meditation.
Smt. Sengupta is a Science Graduate, with additional qualification of CFA and CAIIB. She joined SBBJ in 1983 as Probationary Officer and has handled responsibilities in several offices of SBBJ, SBI and SBP.
Prior to joining our Bank, she held the position of Chief General Manager (Retail Banking) since April 2016 and Chief General Manager (Stressed Assets Management Group) since June 2015 at State Bank of Patiala (SBP). Smt. Sengupta also served as General Manager of the Delhi network at State Bank of Bikaner and Jaipur (SBBJ).
During her tenure at the various organisations she had worked across various key areas such as IT Security, ALM, HR, Treasury Management etc. She also has handled branch operations for more than two decades and has experience in Credit and Forex operations.
Shri Debasish Panda is an officer of Indian Administrative Service of 1987 batch of UP Cadre and belongs to the State of Odisha. He joined the Department of Financial Service on 23rd March, 2018.
He is a Post Graduate in Physics, Development Management and obtained M.Phil degree in Environmental Sciences. He has undergone foreign training in Public Administration from USA & Philippines.
Joined the Government service in 1987. He held several key posts in the Government of UP, viz. as District Magistrate of Deoria, Tehri, Uttarakashi & Ghaziabad Districts and Principal Secretary (Home & General Admn.).
He also served the Government of India in the capacity of Joint Secretary (Health & FW) and as Deputy Director (Admn.) in AIIMS.
Before joining as Additional Secretary in the Department of Financial Services, he was holding the dual charge of Resident Commissioner of UP in Delhi as well as Chief Executive Officer, Greater Noida Development Authority.
Mr. Lok Ranjan has been appointed as Government Nominee Director on the Board of the Bank w.e.f. 26th August, 2017. He joined IAS in the year 1989 and belongs to Tripura cadre. He did his B.Tech (Mechanical Engg.) and M.Tech from IIT Kanpur and also holds a Masters in Public Administration from Syracuse University, USA.
Besides serving as Collector and District Magistrate of South Tripura, he has also served in various capacities in the Dept. of Information Technology & Communication, Public Works, Handloom & Textiles, Urban Development, Tourism, and Revenue and Finance.
Shri Ajay Kumar has been appointed as the Government Nominee Director of Board of the Bank with effect from January 13, 2017 vide Government of India notification dated January 13, 2017 under section 9 of the Banking Companies (Acquisition and Transfer of Undertaking) Act.
Shri Ajay Kumar has done his Masters in Economics and MS in Banking. He is also a Certified Associate of the India Institute of Banking (CAIIB).
He joined Reserve Bank of India in December 1991 and has had a wide experience of 25 years of working in various capacities in the areas of currency management, rural credit and planning, foreign exchange management and banking supervision. He has worked as the Senior Supervisory Manager for the HDFC Bank and the Kotak Mahindra Bank. He was also the Principal Inspecting Officer (PIO) for the annual supervisory process of the Allahabad Bank, the United Bank and the UCO Bank, also conducted the comprehensive Asset Quality Review of the latter under his stewardship. Further, he was also assigned the responsibility of monitoring the conduct of foreign banks in India. In the area of foreign exchange management, he has been at the helm of formulating Risk Management Guidelines for banks and also Foreign Direct Investment Policy Framework. Earlier, he has also served as Nominee Director in four Regional Rural Banks during his stint in rural credit and planning.
Currently, he is posted as the Regional Director, Reserve Bank of India at Lucknow since February 2016 and is fulfilling his responsibilities towards development of the overall banking infrastructure in Uttar Pradesh.
Shri Gopal Krishan Agarwal is a fellow member of the Institute of Chartered Accountant of India (ICAI) having vast experience in financial markets and economic issues. He is a Member of the Managing Committee of PHD Chamber of Commerce. He is govt nominee of the Central Council of Institute of Company Secretaries of India (ICSI) and Independent Director on the Board of North Eastern Electric Power Co. (NEEPCO). He is also a member of the Task Force on Financial Architecture of MSME Sector set up by the Ministry of Finance, Government of India.
In his previous roles he was member of various committees of Assocham, Public Finance Committee of the Institute of Chartered Accountant (ICAI) and Secondary Market Advisory Committee (SMAC) of SEBI.
Shri Gopal Krishan Agarwal has initiated various public welfare projects like Jaladhikar, Nagrik Manch, Shree Ji Gausadan and Milk Cooperative Movement among many others. He extensively writes for newspaper, financial journals and delivers lectures in seminars & conferences on these subjects. He is also seen on television channels holding forth on different topics of economic interest.
He is Trustee and Treasurer of Dr Mookherjee Smruti Nyas and India Policy Foundation (IPF), two premier research organizations in the country.
Prof. Biju Varkkey obtained masters degree in Human Resource Management from Mahatma Gandhi University, Kerala and Fellow title in Management from NIBM, Pune. His professional experience spans industry, consulting and leading management schools, having taught at IIM Lucknow and MDI Gurgaon. He works closely with multilateral organizations like ILO, IOM, UNDP and organizations like UNITES and ITUC. Currently he is faculty member at IIM Ahmedabad with the Human Resource Management. Additionally he heads the e-PGP task force of IIMA, which is mandated to lounge long duration virtual learning programs from IIMA soon.
Areas of academic interest include Strategic Human Resource Management, Change Management, New Public Management, Leadership Development, HR Architecture for firms, Performance Management & Improvement, Flexible Work places, Employment Relations, Startups and Family Business transformation. He has published in national and international journals and also co-edited books on HRM practices. The coauthored text book `Human Resource Management’ along with Gary Dessler, published by Pearson Education India is a top-selling textbook. Prof Varkkey has authored more than 30 case studies and technical notes, including award winning case study.
Prof Varkkey serves as the India Research Coordinator for the Paycheck India project, part of the global Wageindicator project. This is an international labour and employment research project initiated by group of researchers, organizations, journalists and trade unions. He has published papers in national/international journals and presented papers in leading conferences. Recent organization based assignments handled are are multidimensional i.e with Seventh Central Pay Commission, UCO bank, Competition Commission of India, UNDP, Sixth Central Pay Commission GOI, government organizations like Delhi Metro, CBDT, Ahmedabad Municipal Corporation, and private organizations like Amara Raja Batteries, L&T Hydrocarbon, Thomas Cook India, HRIPL and Synthite Industries.
Earlier, he was an invited member of the academic advisory board of two high-technology startups and mentor to a startup company incubated by IIT Delhi. Currently he serves as independent director of four public limited companies. He is member of the board of trustees of St Peters School, Panchgani and member of governing council of MCMAT, Kerala. He has served as nominated member in the Core Committee of the National HRD Network – Delhi Chapter (1998-1999), organizing committee for India Young HR Conference, Chair of Technical Committee for Annual HR Conclave of NIPM Kerala (2015) and was member of the founding governing body of the Strategic Management Forum of India.
Smt. Soundara Kumar has joined as a Director on our Board w.e.f. 24th December, 2017 representing shareholders of the Bank for a period of -3- years. She has done her graduation in Mathematics from Stella Maris College, Chennai.
She joined State Bank of India as a Probationary Officer in 1975 and continued till her retirement in 2014. During this period she held various assignments including heading branches, SME, Retail and Rural & Agriculture (Financial Inclusion). She was also a faculty member in the Bank’s Training Centre, at Tiruchirapalli. She held the position of Regional Manager in the Chennai Circle and had control over -40- branches in the city. On promotion as Dy. General Manager, she was posted to Artesia branch in California as Senior Vice President. Later, she performed as President of the Bank’s fully owned subsidiary, State Bank of India (California) and CEO of the Los Angeles Agency of the Bank.
She was Managing Director of the Bank’s Associate, State Bank of Indore from October, 2008, where she successfully steered the merger of the Bank with the Parent Bank in 2010. Thereafter, she headed the Bangalore circle of the Bank overseeing the operations of over -400- branches across the state of Karnataka. She also held the position of Dy. Managing Director, in charge of Stressed Assets Management, in the Bank’s Corporate Centre, Mumbai, till her retirement in 2014.
She also headed Wholesale Banking Credit Committee of the Bank at Corporate Centre, for over -3- years, evaluating high-value commercial credit proposals and was a permanent member of Corporate Centre Investment Committee and Credit Policies and Procedures Committee. She also served as member of RBI Working Group to recommend measures for scaling up the Business Correspondent (BC) model for Financial Inclusion. She was also a member of Core Group of Corporate Debt Restructuring mechanism set up by RBI.
She also served as a nominee director of SBI on the Boards of ARCIL, CERSAI, SIDBI Venture Capital etc. Currently, she serves as Independent Director on the Boards of several Companies including listed Companies like TNPL, Ramco Cements, Shanti Gears etc.
Mr. Bharat Dangar has joined as a Director on our Board w.e.f 24th December, 2014 representing shareholders of the Bank for a period of 3 years. He currently serves as Assistant Professor in Faculty of Technology and Engineering of The M.S. University of Baroda. His education accomplishments include Electrical Engineering with distinction and Masters in Engineering with specialization in Microprocessor systems and application. As a student, he was actively involved in pursuing students welfare.
He brings with him a rich experience in fields of Academics, Operations, Management, Accountancy and Human Resource with exposure to various Corporates and SMEs. He is well versed with various farmers’ issues including financing, crop insurance, credit facilities etc. He has been raising issues of farming community and Industry at various levels of Government which resulted into many improvements in respective fields.
He is quite active in issues related to welfare of society at large.
Ms. Usha A Narayanan is a Chartered Accountant with over 21 years of Audit experience as Audit Partner with PriceWaterhouse from 1992 to 2013. She was one of the first women to be admitted to Partnership in 1997 and has served as Lead Engagement Partner on large Indian listed companies and Indian subsidiaries of multinationals. She is also a qualified Company Secretary.
She has deep knowledge and understanding on assessing business risks and controls, Company Law, Accounting and Auditing standards and their application to business.
She was a member of PW India Assurance Leadership Team for four years from 2009 to 2013 and also led the National Human Capital Function for the Assurance practice.
She is also actively involved in social service.