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Board of Directors

Baroda Trustee India Private Limited 

Independent Directors



Mr. Y. B. Desai

Independent Director
Qualification : B.A. (Hons) (Economics), CAIIB (Certified Associate of Indian Institute of Bankers)
Mr. Y. B. Desai has an overall experience of more than 38 years in the banking and finance industry. Mr. Desai was associated with the Export-Import Bank of India since 1982 upto 2001 and was the Managing Director (CEO & Chairman of the Board). Mr. Desai was also associated with the State Bank of India during 1962 – 1982, holding various positions across functions. Currently, Mr. Desai is a Director in Kabra Extrusion Technik Ltd.

Mr. Deepak Narang

Independent Director
Qualification : M.Sc. (Physics), CAIIB, CFA (Inter)
Mr. Deepak Narang has more than 40 years of experience in the banking industry and was associated with United Bank of India as an Executive Director during March 2012 to March 2015 (upto his retirement from the bank). Mr. Narang also held charge of the bank from February 2014 to December 2014. Mr. Narang has worked in senior level positions across various capacities in the bank, especially in the areas of credit sanctioning and recovery. Currently, Mr. Narang is an Advisor (Credit & Recovery) to the Catholic Syrian Bank, Mumbai and is the Non-Executive Chairman of RARE ARC Ltd. Mr. Narang is also a Director of Mukund Security & Investments Limited.

Mr. Punit Saxena

Independent Director
Qualification : B.Sc. (Engg), M.B.A., CAIIB (Part I & II), Master of Valuation
Mr. Punit Saxena, having qualifications as, B.Sc(Engineering) from National Institute of Technology, Calicut, Master of Business Administration from Poddar Institute of Management, CAIIB ( Indian Institute of Banking and Finance) and Masters in Valuation from Shivaji University, has a wide working experience of over 36 years of which, more than 14 years has been as CEO/MD of government companies, and more than 20 years at Board level positions.

Mr. Saxena has been associated from 1989 to 2003 with erstwhile Unit Trust of India, at senior positions across various functions handling marketing of financial products, investor relations, relationship with market intermediaries, management and administration. Subsequently, he has held the position of Chief Executive Officer of UTI Infrastructure and Services Ltd. from January 2004 till its merger with UTI Technology Services Ltd. in May 2009. He was the Chief Operating Officer at UTI Technology Services, handling the back office (Registrar and Transfer agency functions) for UTI Mutual Fund. Thereafter, Mr. Saxena was the Managing Director & Chief Executive Officer of UTI Infrastructure ,Technology and Services Ltd. ( A Government of India Company under the Ministry of Finance through Specified Undertaking of Unit Trust of India) having presence at 80 locations with 2500 employee base, from May 2009 to June 2017 , and was responsible for the overall growth and performance of the company.

Currently, Mr. Saxena is an Independent Director in Flair Writing Industries Ltd.and he is the Chairman, of BKC Association Mumbai.


Associate Director


Mr. Joydeep Dutta Roy

Associate Director
Qualification : BA, LLB, MBA, DIPLOMA in PMIR

Mr. Joydeep Dutta Roy joined Bank of Baroda on 6th July 1996 and has served in various capacities and handled varied assignments in Bank of Baroda. Mr. Roy is presently the General Manager & Head - HR Integration & Strategic HR at Bank of Baroda, Mumbai. 

Mr. Joydeep Dutta Roy has more than 21 years of experience in the field of Human Resource Management.​