Bank of Baroda re-appoints Soundara Kumar as Director (Shareholders)

New Delhi: Bank of Baroda announced the re-appointment of Soundra Kumar as Director (Shareholders) of the bank on Thursday. She was re-elected as Director (Shareholder) for the second time and has been appointed for a period of three years with effect from December 24, 2020, till December 23, 2023. 

Profile of Soundara

Kumar joined as a Director (Shareholders) of Bank of Baroda on December 24, 2017, for a period of three years. She has done her graduation in Mathematics from Stella Maris College, Chennai. She started her career as a Probationary Officer in the State Bank of India (SBI) in 1975 and continued till her retirement in 2014. During this period, she held various assignments, including heading branches, SME, Retail and Rural & Agriculture (Financial Inclusion). She was also a faculty member in the Bank's Training Centre at Tiruchirapalli. She held the position of Regional Manager in the Chennai Circle and had control over 40 branches in the city. On promotion as Deputy General Manager, she was posted to Artesia branch in California as Senior Vice President. Later, she served as president of the Bank's fully owned subsidiary, State Bank of India (California) and CEO of the Los Angeles Agency of the bank.

ALSO READ: NHAI Chairman Sukhbir Singh Sandhu (IAS) gets tenure extension

She also served as Managing Director of the bank's associate, State Bank of Indore, from October 2008, where she successfully steered the merger of the bank with the parent bank in 2010. Thereafter, she headed the Bangalore circle of the bank, overseeing the operations of over 400 branches across the state of Karnataka. She also held the position of Deputy Managing Director in charge of Stressed Assets Management in the Bank's Corporate Centre, Mumbai, till her retirement in 2014.

She has served as a nominee director of SBI on the boards of ARCIL, CERSAI, SIDBI Venture Capital etc. Currently, she serves as Independent Director on the boards of several companies, including listed companies like TNPL, Ramco Cements, Shanti Gears etc.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)