Bank of Baroda has announced a change in its Senior Management Personnel (SMP) with the voluntary retirement of Mr. Shukla Saurabh Ravishankar, Chief Technology Officer. The retirement is effective from August 31, 2026. The bank has provided details of this change as per SEBI (LODR) Regulations, 2015, ensuring transparency for stakeholders regarding leadership transitions.
Key Leadership Transition at Bank of Baroda
Bank of Baroda has officially communicated a significant change within its Senior Management Personnel (SMP) cadre. The update details the voluntary retirement of Mr. Shukla Saurabh Ravishankar, who held the position of Chief Technology Officer (CTO) at the Bank’s Corporate Centre. This transition is in line with the applicable voluntary retirement schemes and pension regulations.
Retirement Details
Mr. Ravishankar’s retirement will be effective from August 31, 2026. He had previously submitted his application for voluntary retirement, citing personal and professional aspirations, after more than two decades of service with the Bank. The decision follows careful consideration and reflection on his career journey with the institution, during which he contributed to key initiatives in Information Technology and digital functions.
Regulatory Compliance
The Bank has made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move ensures timely and transparent communication to regulatory bodies, stakeholders, and the investing public regarding changes in the bank’s senior leadership team.
Source: BSE
