The government has elected Mr. Ranjan Dhawan as the public sector bank, Bank of Baroda's new Executive Director. At present, Mr. Dhawan provides his services in another public sector bank, Punjab National Bank, as its Chief General Manager.
The new Executive Director will assume office next month, on November 1, 2012. Mr. Dhawan will replace Mr. Rajiv Kumar Bakshi, who will superannuate on 31 October, 2012.
It is reported that BoB has three executive directors at present.