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Exclusive: Bank of Baroda appoints NaBFID’s KM Salam as Deputy CISO

Economic Times 1 hr ago·20 Sept 2026, 5:17 pm

Bank of Baroda said it will bring KM Salam on board as Deputy Chief Information Security Officer, with the appointment slated to take effect in December. Salam joins from NaBFID, where he served as Chief Information and Security Officer, and brings more than a decade and a half of experience from his previous tenure at Union Bank of India.

The move is aimed at bolstering the lender’s cyber‑security leadership at a time when Indian banks are under heightened scrutiny for data protection and resilience against cyber attacks. Strengthening the security team can help safeguard customer information, reduce operational risk, and reassure regulators and investors about the bank’s risk‑management framework.

Investors will likely keep an eye on how quickly Salam’s expertise is integrated into the bank’s security architecture, any announced upgrades to cyber‑defence systems, and subsequent disclosures in regulatory filings or earnings reports that reference cyber‑risk management.

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Key takeaways

  • Concerns Bank OF Baroda (BANKBARODA).
  • Category: Company.
  • Also mentions UNIONBANK.

Why it matters

A routine update for Bank OF Baroda. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Economic Times.

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Exclusive: Bank of Baroda appoints NaBFID’s KM Salam as Deputy CISO | Bank OF Baroda (BANKBARODA)