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Ranjan Dhawan gets extension

The government has decided to extend the term of Ranjan Dhawan as interim MD and CEO of Bank of Baroda for a period of three months. The position has been lying vacant since S.S. Mundra, then CMD, was appointed as deputy governor of the Reserve Bank of India in July 2014. The government had given additional charge of the position of MD and CEO to Dhawan, who is also ED of the bank. The government has also decided to entrust B.P. Sharma with the additional charge of the MD & CEO of Bank of India for three months following the retirement of V.R. Iyer, CMD of the bank.

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