P S Jayakumar may continue in BoB until Govt finds suitable replacement

P S Jayakumar, MD & CEO of Bank of Baroda, who is still busy normalizing merger of Dena Bank and Vijaya Bank with Bank of Baroda could get a longer than a year extension as expected if things don’t settle completely by end of 2020.Although, the Central Government has already advertised for the post of MD & CEO of Bank of Baroda, as Jayakumar’s tenure is ending in October 2019, insiders believe he is likely to continue unless Government finds a suitable replacement who can continue with merger work of the Bank.