M D Mallya appointed CMD of Bank of Baroda

MUMBAI Thu May 8, 2008 12:41pm IST

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MUMBAI May 8 (Reuters) - State-run Bank of Baroda (BOB.BO) said on Thursday the federal government has appointed M.D. Mallya as the chairman and managing director of the bank.

Mallya, who was earlier the chairman and managing director of state-run Bank of Maharashtra (BMBK.BO), took over his new assignment from Wednesday and would continue until November 30, 2012 or until further orders, the bank said in a statement.

(Reporting by Kaustav Roy; Editing by Prem Udayabhanu)

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