Government extends Bank of India and Bank of Baroda MD tenures by three years

Published on 24 April 2026

Both CEOs get a fresh three-year runway starting mid-2026

The government has extended the tenures of Rajneesh Karnatak, MD and CEO of Bank of India, and Debadatta Chand, MD and CEO of Bank of Baroda, by three years each. The Bank of India extension starts April 29, 2026, while Bank of Baroda’s begins July 1, 2026, allowing both executives to continue leading their banks through 2029.

Bank of India MD and CEO Rajneesh Karnatak extended by three years
Bank of Baroda MD and CEO Debadatta Chand also gets a three-year extension
Effective dates differ: April 29, 2026 for BoI and July 1, 2026 for BoB
Both will remain in role until their respective new tenure end

#government #bank of india #banking #bank of baroda #management

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Government extends Bank of India and Bank of Baroda MD tenures by three years

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