Ian De Souza is new Chief Financial Officer (CFO) of Bank of Baroda

• Ian De Souza takes charge as the new Chief Financial Officer of Bank of Baroda

• Souza has replaced Subrat Kumar, who was serving as CFO in Bank of Baroda since July this year

• Souza was working as Senior President of Financial Control in the Yes Bank

New Delhi: Ian De Souza is new Chief Financial Officer of Bank of Baroda as he joined Bank of Baroda on Thursday. The public lander announced the appointment of Ian De Souza on Thursday during a regulatory filing to the stock exchange. With his new assignment, Souza has replaced Subrat Kumar, who was serving as CFO in Bank of Baroda since July this year. Prior to taking this responsibility, Souza was working as Senior President of Financial Control in the Yes Bank.

Profile of Ian De Souza

De Souza is a Chartered Accountant of Institute of Cost Accountants of India (ICWA). He has over 23 years of experience in the banking and financial services domain with experience in strategy, cost optimization, profitability or productivity enhancement, financial controllership and implementation of internal control frameworks. He has also spearheaded the finance functions of various banks and financial institutions, including as CFO, during the last seven years.

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Bank of Baroda 

Bank of Baroda (BoB) is an Indian multinational, public sector banking and financial services company. It is the third-largest public sector bank in India, with 131 million customers and a global presence of 100 overseas offices. In September 2018, the government announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank on to create the country's third-largest lender. The amalgamation is the first-ever three-way consolidation of banks in the country, with a combined business of Rs 14.82 trillion (short scale), making it the third-largest bank after State Bank of India (SBI) and ICICI Bank.

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