Annual Report - Bank of Baroda

Project ‘Udaan’- A comprehensive leadership development
programme for developing leaders for the future inaugurated
by Shri M.D. Mallya, CMD.
unparalleled in the industry and first of its kind for an Indian
state-owned Bank.
Recruitment Drive
Various recruitment exercises were undertaken to address the
emerging manpower requirements in the Bank. Recruitment of
Specialist agricultural officers, probationary officers, recruitment
of young MBAs direct from the campuses of renowned Business
Schools were initiated in large numbers to meet the needs of
the Bank, both in terms of replacements for normal attrition and
factoring in the business growth needs. The Bank recruited
1,871 Officers in various Grades/Scales (both Generalists &
Specialists), 1,131 Clerks and 632 Subordinate staff members,
thereby inducting a total of 3,634 new employees in the Bank
during the period 2010-11. The recruitment process would
continue in the year 2011-12 also with various recruitment
projects underway for filling up almost 2,000 posts of officers
and 2,000 posts of clerks.
Framework for Career Progression
Special efforts were made during the year under review to
fulfill the growing aspirations of the employees for faster
career progression, thereby, motivating employees for higher
productivity. Keeping this in view, a large number of promotion
exercises were undertaken during the year 2010-11, the result
of which are given below:
Sub-Staff to Clerk 302
Clerk to Offi cer 519
JM-I to MM-II (Offi cer to Manager) 1001
MM-II to MM-III (Manager to Sr Manager) 971
MM-III to SM-IV (Sr. Manager to Chief Manager) 240
SM-IV to SM-V (Chief Manager to Asstt. Gen.
Manager)
70
SM-V to TEG-VI (Asstt. Gen. Manager to Dy.
Gen. Manager)
33
TEG-VI to TEG-VII (Dy. Gen. Manager to General
Manager)
15
37
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