Khandelwal ceases to be BOB's Chairman and MD

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Mumbai, Apr 2 (UNI) Bank of Baroda has informed BSE that Chairman and Managing Director of Bank of Baroda Dr Anil K Khandelwal has ceased to be the Director on the Board of the Bank from yesterday, pursuant to the expiry of term of his appointment on attaining superannuation.

Dr Khandelwal was appointed as Chairman and Managing Director of the Bank up to March 31, 2008, vide Government of India (GOI) notification dated March 1, 2005 issued pursuant to powers conferred on the Central Government under section (9) (3)(a) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

UNI AR DB SM1507

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