Bank of Baroda has announced the superannuation of Shri Elango Balasubramaniam, the Group Chief Compliance Officer, effective July 31, 2026. This transition marks a change in a key managerial position within the bank. The bank has submitted the necessary details as per SEBI (LODR) Regulations, 2015, for regulatory compliance and public record. Further information on the successor or interim arrangements is expected.
Leadership Transition at Bank of Baroda
Bank of Baroda has officially informed stakeholders about the superannuation of Shri Elango Balasubramaniam, who held the position of Group Chief Compliance Officer. The effective date of his retirement from the bank’s services is set for July 31, 2026. This announcement falls under the purview of changes in Key Managerial Personnel (KMP) and Senior Management Personnel (SMP) as mandated by regulations.
Regulatory Disclosure and Compliance
In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the bank has provided the requisite details concerning this change. The information submitted includes the KMP’s name, designation, and the reason for the change, which is superannuation. The cessation date of the appointment is also clearly stated as 31-07-2026. The bank requests that this information be noted and uploaded on the respective websites of the stock exchanges.
No further profile details or specific reasons for resignation were provided, as the change is due to the scheduled retirement of the officer. The bank assures continued compliance with all regulatory requirements concerning corporate governance and disclosures.
Source: BSE
