NEW YORK, NY (TIP): Bank of Baroda Chairman and Managing Director, Mr. S.S. Mundra will be visiting New York from September 16th to 18th. It is the first visit of Mr. Mundra to New York after he took over as Chairman and Managing Director of one of the largest public sector banks of India. Bank of Baroda Chief Executive for Americas, Mr. Dhimant Pradyumna Trivedi informed TheIndian Panorama that during his visit to New York Mr. Mundra would be meeting customers and the Indian American community besides launching internet banking. Mr. Trivedi said that a reception to Mr. Mundra is being hosted by the Indian Consulate on Monday, September 16th where he will be meeting the Consul General Dnyaneshwar Mulay and a cross section of Indian American community.
He will also address the gathering and, while talk about banking in general, he is likely to speak about the synergy that can be developed through Bank of Baroda. Read below a brief biography of Mr. Mundra. Mr. S. S. Mundra was born on 18th July, 1954. After completing his Masters in Commerce, he joined Bank of Baroda as a Probationary Officer on 21st March, 1977. In his first stint in Bank of Baroda, he rose to the level of General Manager in 2007. During his illustrious career in Bank of Baroda, he held several challenging assignments which included stint as Head of Bank’s Maharashtra & Goa Zone and Global Treasury Operations for over -5- years. During his overseas assignments, he served with Bank of Baroda (Uganda) Ltd. and was also Territorial Head of Bank’s European Operations, headquartered at London during the period 2008 – 2010.
Mr. Mundra was elevated as Executive Director in Union Bank of India in September, 2010. During his tenure at Union Bank of India, he handled many important portfolios including Treasury, International, Large Corporate and Alternate Channels. On his elevation as Chairman and Managing Director on 21st January, 2013, he joined Bank of Baroda a premier Public Sector Bank (PSB) in India having a branch network of over 4000 branches including Bank’s overseas operations spread over 24 countries with a global business of over INR 8 trillion (USD 131 bn). Bank of Baroda is second largest Public Sector Bank of India only after State Bank of India in terms of Balance Sheet size.
It has 100 branches/ offices outside India. He is on the Board of many national and international organizations which include EXIM Bank, National Institute of Bank Management (NIBM), Bank of Baroda (Uganda) Ltd., India International Bank Malaysia Bhd, Bank of Baroda (New Zealand) Ltd., BOBCARDS Ltd., India First Life Insurance, Baroda Pioneer Mutual Fund etc. He has remained Director on the Board of The Clearing Corporation of India Ltd. (CCIL), Central Depository Services (India) Ltd. (CDSL), MITCONConsulting and Engineering Services Ltd., BOB Asset Management Company, India Infrastructure Finance Corporation (UK) Ltd. (IIFCL), Star Union Dai-Ichi Life Insurance Company Ltd., National Payments Corporation of India Ltd (NPCI) and Bank of Baroda (Kenya) Ltd. He has also served on many Committees of RBI, IBA, NIBM, CII etc. He has also attended many training programs, seminar/ conferences both in India and abroad, in the area of Banking and Finance. He has widely traveled abroad.
The countries he visited include UK, Belgium, France, USA, Japan, China, Hong Kong, Singapore, various African countries etc. With the blend of wide overseas and domestic banking exposure at top management level, he has immensely contributed to the improvement of policy framework of the banking industry. As recognition of his contributions in the field of banking, finance, industry and commerce, he has won many Awards and accolades, latest being his inclusion in the list of India’s top 100 CEOs in CD-ET (Corporate Dossier – Economic Times) Survey after a stringent process of selection while Bank of Baroda is also ranked as 20th Best Indian Brand by Brand Equity – Economic Times