Bank of Baroda
Shri Debadatta Chand has been appointed as Executive Director of Bank of Baroda and assumed charge on 10.03.2021. Shri Chand is a B.Tech, MBA, CAIIB qualified Banker with PG Diploma in Equity Research and Certified Portfolio Manager. He has over 27 years of experience in Commercial Banks and Developmental Financial Institution. He started his career in Allahabad Bank as Officer in 1994 and subsequently worked as Manager in Small Industries Development Bank of India [SIDBI] from 1998 to 2005. He joined Punjab National Bank in the year 2005 as Chief Manager, rose to the level of Chief General Manager. Prior to joining Bank of Baroda as an Executive Director, he was heading Mumbai Zone as CGM, PNB.
During his long stint in the Banking Industry, he gained varied exposures in all important spheres of operational and strategic Banking with special expertise in Treasury & Investment Banking and Market Risk Management. He successfully handled the responsibilities such as Head of Zonal Audit Office, Patna, Circle Head of Bareilly, Head of Integrated Treasury Operation of the Bank and Zonal Head of Mumbai Zone – one of the Biggest Zones of the Bank.
He was also on the Board of PNB Principal Mutual Fund, SWIFT India Pvt. Ltd and many of the Private Equity funds ex-officio in India and also in one of the overseas subsidiaries of the Punjab National Bank.
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Bank of Baroda
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Bank of Baroda provides commercial banking services. The bank operates in wholesale banking, retail banking, rural and agricultural banking, wealth management, mobile and Internet banking. Its offerings include deposits, commercial and institutional credit, project finance, treasury, forex, investment and risk management and other related financial services. The bank operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Treasury segment engages in bank's domestic treasury operations and covers activities in various markets, which include foreign exchange, interest rates, fixed income, derivatives, equity and other alternative asset classes. The Corporate/Wholesale Banking segment offers an array of loan products and services, which include term, short-term and demand loans, working capital facilities, trade finance products, bridge, syndicated, infrastructure and foreign currency loans, loan against future rent receivables and many more to its large and mid corporate clients depending upon their needs. The Retail Banking segment products include home, auto, education, traders and mortgage loans. The Other Banking Operations segment includes other banking operations and nonbanking operations. Bank of Baroda was founded by Sayajirao Gaekwad III on July 20, 1908 and is headquartered in Vadodara, India.