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Bank of Baroda extends MD & CEO Debadatta Chand’s tenure by 3 yearsBank of Baroda extends Debadatta Chand as MD and CEO for three more years from June 30, 2026, after government approval; shares close down 2.39% on the NSE.By Srabastee Biswas  April 23, 2026, 8:34:44 PM IST (Published)2 Min ReadBank of Baroda on Thursday, April 23, has announced the extension of the tenure of Debadatta Chand as managing director and chief executive officer for a period of three years.The extension has been approved by the central government and will take effect after the completion of his current term, which is scheduled to end on June 30, 2026. The renewed tenure will continue for three years beyond the existing term, or until further orders, whichever is earlier.The decision has been made under the provisions of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, along with the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970. The bank disclosed the development through a regulatory filing in compliance with SEBI (LODR) Regulations.Debadatta Chand has been leading Bank of Baroda as MD and CEO, and the extension ensures continuity in leadership at the state-owned lender, ensuring administrative continuity. The move provides stability in the bank’s top management.ALSO READ | Bank of Baroda to launch QIP of Rs 2,000-4,000 cr later in the year, says CEO Sanjiv ChadhaThe announcement pertains specifically to the extension of tenure and does not include any additional changes in the bank’s management or governance framework. The regulatory communication was formally addressed to stock exchanges, notifying them of the development.ALSO READ | BOI, BoB CEOs get 3-year extension; Indian Bank ED term extendedShares of Bank of Baroda closed lower on the NSE at ₹276, down ₹6.77 or 2.39% in today’s trade.ALSO READ | Reliance Enterprise Intelligence names Parminder Singh as CEO

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