Jayakumar is Bank of Baroda’s new MD & CEO

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JayakumarP S Jayakumar has taken over as the new Managing Director (MD) & Chief Executive Officer (CEO) of Bank of Baroda.

Prior to joining BoB, Jayakumar had been serving as the Managing Director and Chief Executive Officer of a private sector firm VBHC Value Homes.

Since August 2014, BOB had been without a full-time CEO. The last full-time CMD was S S Mundra, who moved to the Reserve Bank of India as its Deputy Governor in July 2014, after which the BoB Executive Director had been handling the operations.