Bank of Baroda has informed that in exercise of the powers conferred under clause (b) of sub section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 read with sub clause (1) of clause 3 of The Nationalized Banks (Management & Miscellaneous Provisions) Scheme 1970, the Central Government vide their letter dated November 25, 2014 has nominated Shri Mohammad Mustafa, Joint Secretary, Department of Financial Services, Government of India, as Government Nominee Director of Bank of Baroda in place of Shri K.P. Krishnan, with immediate effect and until further orders. Accordingly Shri K.P. Krishnan ceased to be a Director on the Board of our Bank.
The above information is a part of company’s filings submitted to BSE.
