Shri Ajay K Khurana has been serving as Executive Director of Bank of Baroda since 01.04.2020.
Prior to joining the Board of Bank of Baroda as Executive Director, he served on the Board of Syndicate Bank as an Executive Director from 20.09.2018 till 31.03.2020. He is also Nominee Director on Board of NPCI.
He is a Post graduate in Business Management with Professional Qualification of CAIIB.
He joined Vijaya Bank as a Probationary Officer on 15.11.1988. In a career span of more than three decades he gained expertise in almost all key areas of Banking. He has rich experience in field and various key departments such as Audit, NPA Recovery, International Banking, Operations, Information Technology Dept. and Corporate Credit.
As Executive Director in Syndicate Bank, he was in charge of Information Technology, Digital, Stress Asset Management, MSME, Accounts etc. He steered transformation and automation of Recovery Vertical and MSME Business which resulted complete turnaround in both the business.
He spearheaded the major activity of Amalgamation of three banks (BOB, Vijaya & Dena) in record time, took many new digital initiatives at Bank of Baroda like whatsapp banking, enhanced outlook & usage in BOB World, Payment Business, Digital Lending etc. He also accelerated the new synergies in customer experience and steered NPA Recovery.
Graduated from Presidency College, Kolkata with economics as major, completed masters in economics from university of Kolkata in 1975. After a brief stint as lecturer in economics and as probationary officer in Bank of Baroda, moved on to SBI as a probationary officer in 1977. Professionally qualified as a Certified Associate of Indian institute of Bankers with a certificate in general management from IIM Kolkata.
Retired as Chief General Manager in August 2012 from SBI’s credit policy and procedures department, having been responsible for bringing in qualitative changes in policies with special emphasis on capital conservation and updating the credit manual. He was appointed as Chief Risk Officer in the RBL bank ltd (formerly the Ratnakar bank ltd) with additional responsibilities of Portfolio Monitoring, Information Security and Operations Risk and Risk Projects.
Having spent almost 35 years in SBI, has been exposed to almost all aspects of banking both in India and abroad ranging from credit (both large and small), business development, technology driven processes, HR and vigilance
Mr. Niyogi has handled large value fraud and criminal cases both in India and abroad. Have had the experience of deposing before security and exchange commission - USA, attended jury trial and worked with FBI during the stint in SBI New York. Likewise have handled numerous court cases in India and worked with CBI also.
Mr. Pavan Pal Kaushal serves as an Independent Director on our Board and was the Chief Operating Officer at Fullerton India. He is a career banker with over three decades of experience in the financial services sector across several leading global banks and consulting. Prior to joining Fullerton India, Pavan was the Chief Risk Officer at IDFC Bank, and part of the Leadership team. He was variously a Partner with Ernst & Young, Chief Risk Officer at ANZ Bank India and held several senior leadership roles both domestic and international at Citibank. Pavan is a Chartered Accountant and a MBA (Finance).
Mr. Negi with over 23 years rich and diverse experience at Bank of Baroda is a career Banker. He brings
deep expertise and experiences in the field of Risk Management, Treasury, Corporate Credit, Retail
Credit, International Banking and General Branch Banking to our Board. In his current role as General
Manager (BOB NOWW) and Executive Secretary to MD & CEO, he leads one of the largest
transformation projects at Bank of Baroda touching aspects such as Corporate Credit, MSME Credit,
Retail Credit, Agri Credit, Collections, Wealth Management, Subsidiaries, and International Operations
etc. As Executive Secretary to MD & CEO his role includes scrutinizing and critically analyzing all
matters from various functions such as Risk, Credit, Treasury, Retail Asset, Retail Liabilities, Rural &
Agriculture, Financial Inclusion etc. being put up to the office of the MD & CEO and present findings
to the MD & CEO.
In his previous roles in the Risk Management for over 11.50 years, he was Deputy Chief Risk Officer
(Dy.CRO) for over 2 years to the Bank of Baroda’s Global Operations, Chief Risk Officer(CRO) for Bank’s
GCC operations based in Dubai, UAE and headed Banks’ Global Mid Office (Treasury) for 2 years.