BANKBARODA · Bank of Baroda · NSE · Filed 9 Sept · 1 min read

Bank of Baroda's Head of Large Corporate Relationships resigns

Sumit Sachdeva, Head of Large Corporate Relationships, has resigned to pursue an opportunity beyond banking, effective 9 September 2026.

What was filed

Bank of Baroda notified the exchanges, under Regulation 30 of SEBI (LODR) Regulations, 2015, of a change in its Senior Management Personnel. Mr. Sumit Sachdeva, Head — Large Corporate Relationships, has resigned. The reason recorded in the filing is "Personal & Professional aspirations," and the date of cessation is stated as 9 September 2026.

What the resignation letter says

The filing encloses Sachdeva's resignation letter, dated 13 August 2026 and addressed to the bank's HRM function. In it, he says he has decided to pursue a new professional opportunity beyond banking, describes the decision as difficult given a long association with the bank, and commits to a smooth transition of his responsibilities during the notice period. No successor or interim arrangement is named in the filing.

Context for a holder

This is a single senior-management departure at a functional-head level, disclosed as the regulator requires. The filing records no financial impact, no replacement, and no other business detail beyond the resignation itself.

The departure is of one functional head overseeing large corporate relationships; the filing names no successor and discloses no financial effect, so its relevance to a holder is limited to leadership continuity in that vertical.