Bank of Baroda Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Debadatta Chand

Chief executive officer

₹4.3m

Total compensation

CEO salary percentage	78.4%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	2yrs
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Debadatta Chand's remuneration changed compared to Bank of Baroda's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹188b
Dec 31 2023	n/a	n/a	₹189b
Sep 30 2023	n/a	n/a	₹184b
Jun 30 2023	n/a	n/a	₹174b
Mar 31 2023	₹4m	₹3m	₹149b
Dec 31 2022	n/a	n/a	₹117b
Sep 30 2022	n/a	n/a	₹98b
Jun 30 2022	n/a	n/a	₹86b
Mar 31 2022	₹3m	₹3m	₹78b
Dec 31 2021	n/a	n/a	₹51b
Sep 30 2021	n/a	n/a	₹38b
Jun 30 2021	n/a	n/a	₹34b
Mar 31 2021	₹3m	₹156k	₹15b

Compensation vs Market: Debadatta's total compensation ($USD51.37K) is below average for companies of similar size in the Indian market ($USD944.20K).

Compensation vs Earnings: Debadatta's compensation has increased by more than 20% in the past year.

CEO

Debadatta Chand (52 yo)

less than a year

Tenure

₹4,290,766

Compensation

Shri Debadatta Chand serves as Non- Executive Chairperson of the Board at IndiaFirst Life Insurance Company Limited since September 13, 2023. He serves as the Managing Director and Chief Executive Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Debadatta Chand	MD, CEO & Director	less than a year	₹4.29m	no data
Joydeep Roy	Chief GM of MD’s Office	2.6yrs	₹3.66m	0.00020% ₹ 2.6m
Lalit Tyagi	Executive Director	1.5yrs	₹3.30m	0.00013% ₹ 1.7m
Ian De Souza	Chief Financial Officer	3.4yrs	no data	no data
Elango Balasubramaniam	Chief Group Compliance Officer	2.9yrs	no data	no data
Phiroza Choksi	Head of Public Relations & Corporate Communications	no data	no data	no data
Nikita Raut	Chief Manager of HR & Head of Mumbai Academy	no data	no data	no data
Kuku Kanojia	Chief Returning Officer	6.4yrs	no data	no data
Ashutosh Bajpai	Deputy GM & Branch Head	no data	no data	no data
Dixit Surendra Kumar	Chief Vigilance Officer	no data	no data	no data
Choudhary Kumar	Head of Mortgages & Retail Assets	less than a year	no data	no data
Nishant Ranjan	Head of International Banking Division	less than a year	no data	no data

2.0yrs

Average Tenure

52yo

Average Age

Experienced Management: 532134's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Debadatta Chand	MD, CEO & Director	3.2yrs	₹4.29m	no data
Lalit Tyagi	Executive Director	1.5yrs	₹3.30m	0.00013% ₹ 1.7m
Lal Singh	Executive Director	less than a year	no data	no data
Sanjay Mudaliar	Executive Director	less than a year	no data	no data
Parvathy Sundaram	Non-Executive - Nominee Director	3.1yrs	₹2.50m	no data
Alok Vajpeyi	Non-Executive Independent Director	2.8yrs	₹2.50m	0% ₹ 0
Ajay Singhal	Non-Executive Independent Director	2.4yrs	₹2.50m	no data
Nina Nagpal	Shareholder Director	less than a year	no data	no data
Mukesh Bansal	Nominee Director	1.4yrs	no data	no data

1.5yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 532134's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Bank of Baroda Management

Management criteria checks 2/4

Key information

Recent management updates

Bank of Baroda Limited, Annual General Meeting, Jul 05, 2024

Bank of Baroda Limited Announces Executive Changes

Bank of Baroda Limited Announces Resignation of Srinivasan Sridhar as Director

Bank of Baroda Limited Appoints Shri Sanjay Vinayak Mudaliar, as Executive Director

Bank of Baroda Limited Elects Nina Nagpal as Shareholder Director, Effective from December 24, 2023

Bank of Baroda Limited Announces Change in Management

Recent updates

Bank of Baroda Limited, Annual General Meeting, Jul 05, 2024

Full year 2024 earnings released: EPS: ₹36.29 (vs ₹28.82 in FY 2023)

Bank of Baroda Limited to Report Q4, 2024 Results on May 10, 2024

PremjiInvest Reportedly in Advanced Talks for Big Stake in Bank of Baroda's Nainital Bank

Bank of Baroda Limited Announces Executive Changes

Bank of Baroda Limited Announces Resignation of Srinivasan Sridhar as Director

Price target increased by 12% to ₹264

Third quarter 2024 earnings released: EPS: ₹9.26 (vs ₹8.33 in 3Q 2023)

Bank of Baroda Limited Appoints Shri Sanjay Vinayak Mudaliar, as Executive Director

Bank of Baroda Limited to Report Q3, 2024 Results on Jan 31, 2024

Bank of Baroda Limited Elects Nina Nagpal as Shareholder Director, Effective from December 24, 2023

Second quarter 2024 earnings released: EPS: ₹8.50 (vs ₹6.58 in 2Q 2023)

Bank of Baroda Limited Announces Change in Management

Bank of Baroda Limited to Report Q2, 2024 Results on Nov 04, 2023

Bank of Baroda Limited Appoints Lal Singh as Executive Director

Bank of Baroda Limited Announces Change in Assignments of Senior Management / Functional Heads

First quarter 2024 earnings released: EPS: ₹8.61 (vs ₹3.76 in 1Q 2023)

Bank of Baroda Limited to Report Q1, 2024 Results on Aug 05, 2023

Bank of Baroda Limited Announces Managing Director Changes

Upcoming dividend of ₹5.50 per share at 2.8% yield

Punjab National Bank, Life Insurance Corporation of India, State Bank of India, and Bank of Baroda Reportedly Look to Seek Bids for UTI Asset Management Company Stake

Bank of Baroda to Trim Stake in NSE for at Least INR 6,610 Million

Full year 2023 earnings released: EPS: ₹28.82 (vs ₹15.18 in FY 2022)

Bank of Baroda, Annual General Meeting, Jul 07, 2023

Bank of Baroda to Report Q4, 2023 Results on May 16, 2023

Third quarter 2023 earnings released: EPS: ₹8.33 (vs ₹4.76 in 3Q 2022)

Bank of Baroda to Report Q3, 2023 Results on Feb 03, 2023

Tata Reportedly in Talks to Buy Majority Stake in UTI AMC from 4 PSU Finance Entities

Bank of Baroda Nominates Mukesh Kumar Bansal as Director

Bank of Baroda Appoints Shri Lalit Tyagi as Executive Director

Price target increased to ₹178

Less than half of directors are independent

Price target increased to ₹171

Second quarter 2023 earnings released

Bank of Baroda to Report Q2, 2023 Results on Nov 05, 2022

Aditya Birla Sun Life AMC Joins Race to Acquire Stake in UTI AMC

Bank of Baroda Announces the Cessation of Vikramaditya Singh Khichi, as Executive Director

First quarter 2023 earnings released: EPS: ₹3.76 (vs ₹2.29 in 1Q 2022)

Bank of Baroda to Report Q1, 2023 Results on Jul 30, 2022

Upcoming dividend of ₹2.85 per share

Bank of Baroda Recommends Dividend for the Financial Year 2021-2022

Bank of Baroda Recommends Dividend for the Fiscal Year 2021-22

Full year 2022 earnings released: EPS: ₹15.18 (vs ₹3.32 in FY 2021)

Bank of Baroda to Report Q4, 2022 Results on May 13, 2022

Less than half of directors are independent

Bank of Baroda (BSE:532134) completed the acquisition of an additional 21% stake in IndiaFirst Life Insurance Company Limited from Andhra Bank.

Investor sentiment improved over the past week

Bank of Baroda (BSE:532134) agreed to acquire additional 21% stake in IndiaFirst Life Insurance Company Limited from Andhra Bank.

Price target increased to ₹127

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹4.19 (vs ₹3.83 in 2Q 2021)

Price target increased to ₹110

Executive Director Shanti Jain has left the company

First quarter 2022 earnings released: EPS ₹2.29 (vs ₹1.47 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹3.32 (vs ₹2.32 in FY 2020)

Authum Investment and Infrastructure Reportedly Emerges as Highest Bidder to Acquire Reliance Home Finance

Price target increased to ₹88.80

Full year 2021 earnings released: EPS ₹3.32 (vs ₹2.32 in FY 2020)

Government Nominee Director has left the company

Bank of Baroda Appoints Debadatta Chand as Executive Director

Bank of Baroda has completed a Follow-on Equity Offering in the amount of INR 45 billion.

Investor sentiment improved over the past week

New 90-day high: ₹82.05

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹2.59 (vs ₹3.20 loss in 3Q 2020)

Price target raised to ₹60.07

Bank of Baroda to Report Q3, 2021 Results on Jan 27, 2021

New 90-day high: ₹70.75