Bank of Baroda has reported a change in its Government of India Nominee Director. Shri Hari Har Mishra, Additional Secretary in the Ministry of Finance’s Department of Financial Services, has been appointed to the Board, replacing Shri Ashish Madhaorao More. This appointment, effective October 23, 2026, follows the Central Government’s exercise of powers under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
Board Governance Update
In compliance with regulatory requirements, Bank of Baroda has announced a significant change in its board composition. Shri Hari Har Mishra has been appointed as the Government of India Nominee Director on the Board of Directors, effective October 23, 2026. He will be succeeding Shri Ashish Madhaorao More, who was the outgoing GOI Nominee Director.
Appointment Rationale
The appointment of Shri Hari Har Mishra is a direct exercise of the powers vested in the Central Government under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. This action was formalized through a government notification, dated October 23, 2026. Shri Mishra’s tenure is effective immediately and will continue until further orders.
Director Profile
Shri Hari Har Mishra, 54 years old, is an officer from the 1997 batch of the Indian Defence Accounts Service (IDAS). He currently holds the position of Additional Secretary within the Department of Financial Services at the Ministry of Finance. Shri Mishra is a postgraduate in Archaeology from Allahabad University and holds an MBA in Finance from the National Institute of Financial Management.
His extensive career includes diverse roles such as IFA at HQ Training Command (Air Force), Joint CGDA (HRD), Joint CGDA (Offset Audit), Chief Vigilance Officer for the Defence Accounts Department, Director in the Ministry of Environment & Forests, and Additional Mission Director in the Ministry of Ganga Rejuvenation. He brings over 28 years of experience in financial management, audit, policy formulation, and public administration across various government ministries.
Source: BSE
