GOI nominee director change: Hari Har Mishra nominated in place of Ashish Madhaorao More
Bank of Baroda has a new GOI Nominee Director.
By ScoutQuest · · 2 min read
- Effective Date
- 23.10.2026
- Incoming Nominee Director
- Shri Hari Har Mishra, Additional Secretary, Department of Financial Services
- Officer Profile
- 1997-batch IDAS officer with over 28 years of experience
GOI nominee director change
- The Central Government has nominated Shri Hari Har Mishra as its Nominee Director on the Board of Bank of Baroda.
- He comes in place of Shri Ashish Madhaorao More, the existing GOI Nominee Director.
- The appointment is with immediate effect from 23.10.2026 and continues until further orders.
The route of the appointment
The nomination was made by the Central Government in exercise of powers under clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. This is the route through which the government places its representatives on the boards of nationalised banks.
Who is Shri Hari Har Mishra
- Age 54 years; an officer of the Indian Defence Accounts Service (IDAS) of the 1997 batch.
- Presently Additional Secretary in the Department of Financial Services, Ministry of Finance, Government of India.
- Post Graduate in Archaeology from Allahabad University and an MBA (Finance) from the National Institute of Financial Management, Faridabad.
- Over 28 years of experience in financial management, audit, vigilance, policy formulation, expenditure management, human resource development and public administration.
- Has served across the Ministry of Defence, Ministry of Environment & Forests and Ministry of Ganga Rejuvenation.
Assignments held
- IFA, HQ Training Command (Air Force)
- Joint CGDA (HRD)
- Joint CGDA (Offset Audit)
- Chief Vigilance Officer for Defence Accounts Department
- Director in Ministry of Environment & Forests
- Additional Mission Director in Ministry of Ganga Rejuvenation
- Recipient of the Raksha Mantri Award for overall performance and Chief of Army Staff Commendation.
How to read this as an investor
- A GOI nominee director represents the Government of India on the board of a public sector bank, since the government is the bank's promoter.
- The update is a board-level personnel change. It does not alter the bank's capital, shareholding or lending operations by itself.
- The incoming director's background is in public financial administration, audit and vigilance rather than commercial banking, which is usual for government nominee directors.
What to note
- The change is effective from 23.10.2026 and holds until further orders.
Also from Bank of Baroda
Board meeting on 30 October 2026 to approve Q2 and six-month results
21 Oct 2026
NMC Healthcare founder BR Shetty shared a $15 billion lawsuit against Bank of Baroda, accusing it of enabling fund diversion, concealing liabilities and pursuing him on guarantees with forged signatures
14 Oct 2026
Clarification on media reports about a suit shared against the bank
14 Oct 2026
More numbers
- Age of new GOI Nominee Director54 years
- Experience of new GOI Nominee Directorover 28 years
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