Nature of change: Appointment of Shri. G Narasimha Murthy as Chief Risk Officer, Senior Management Personnel
Name and details: Shri. G Narasimha Murthy (DIN not applicable as this is a management appointment, not directorship)
Effective date and tenure: August 01, 2026 for a period of three years
Previous incumbent: Replaces Shri. Wilson Cyriac whose employment contract completes on July 31, 2026
Profile: Extensive experience in enterprise-wide risk management, implementation of Basel III regulatory frameworks, development and institutionalization of risk appetite frameworks, and engagement with RBI supervisory processes including Risk-Based Supervision (RBS). Has led initiatives in audit management, credit policy formulation, and strengthening of risk governance frameworks.
Appointment of Head - Internal Audit
Nature of change: Appointment of Shri. Poulose Bharanikulangara as Head - Internal Audit, Senior Management Personnel
Name and details: Shri. Poulose Bharanikulangara (DIN not applicable as this is a management appointment, not directorship)
Effective date and tenure: July 01, 2026 for a period of three years
Previous incumbent: Replaces Shri. Sivakumar P whose employment contract completes on June 30, 2026
Profile: Holds an MBA in Banking & Finance, Post Graduate Diploma in Personnel Management, Bachelor's Degree in Science (Physics), and is a Certified Associate of the Indian Institute of Bankers (CAIIB) with a Certificate in Computer Applications. Brings over 35 years of extensive banking experience with Bank of Baroda across India, UAE, and Mauritius. Expertise spans Corporate and Retail Credit, Risk Management, Audit & Inspection, Compliance, Governance, and Overseas Banking Operations. Last served as Deputy Regional Head at Hyderabad Region, with prior roles in Risk Management at Corporate Office in Mumbai, Risk Management Officer in Mauritius, and Branch Head in Sharjah, UAE.
