I.S. Saluja

NEW YORK (TIP): Mr. Balasubramaniam Elango, the Chief Executive (US Operations) of Bank of Baroda left here on Thursday, July 22 for Mumbai where he will take up his new assignment as Chief Group Compliance Officer of the Bank of Baroda at the Corporate office.

In a brief conversation with The Indian Panorama, he spoke about the challenges for the banking industry which requires to meet high standards of compliances at many levels. He said, he is aware of the great responsibility he will have as Chief Group Compliance Officer of the bank.

Mr. Elango spoke highly of the Indian American community with which he has been in contact for three and a half year. In particular, he appreciated the community for their generous help to Indians in the difficult period of the pandemic. He said the generosity of the Indian American community he witnessed impressed him a lot.  When asked, what message he would like to give to the Indian American community, he smiled and said, “keep up the good work”.

Born in 1966, Mr. Elango holds a bachelor’s degree in Science and MBA degree in Finance. He is an Associate Member of the Institute of Cost & Management Accountants of India (ACMA) and a certified Associate of Indian Institute of Banking & Finance (CAIIB). He also completed ICSI (Inter) of Institute of Company Secretaries of India.

Mr. Elango joined Bank of Baroda as a Manager in 2000. In a career spanning over 17 years with Bank of Baroda, he acquired rich experience of diverse Banking operations with a thorough knowledge of International Operations.

Mr. Elango has held a wide range of responsibilities in Domestic as well as international operations of the Bank in various capacities. He also headed credit & Development department of Bank of Baroda (Uganda) Ltd, Kampala (A subsidiary of Bank of Baroda) for more than four years.

He spent a good three and a half year here in New York managing the banks US Operations.