Indian Newslink August 1, 2016 Digital Edition

AUGUST 1, 2016
Wenceslaus anthony special
17
The news of the appointment
of Wenceslaus
Anthony to the post of
Chairman of Bank of Baroda
What Directors say about their Chairman
(New Zealand) Limited has
been received with warmth and
satisfaction by a cross-section
of businesses and the Indian
community. While a number of
organisations and their people
have expressed their appreciation
through advertisements
appearing in this Special Report,
we sought the views of his
colleagues on the Board of the
Board. Here are their comments
Prahlad Gupta
Managing Director
Wenceslaus
Anthony
has been appointed
as
the new Chairman on the
Board of Bank of Baroda
(New Zealand) Limited. Mr
Anthony has over 30 years
of rich experience in Project
Management, international
negotiations, international
trading and recruitment.
With his vast experience
and knowledge, the Bank is
poised to attain new heights
under the chairmanship of
Mr Anthony.
Claude Oberto
Independent Director
The appointment of
Wenceslaus Anthony
to Chairman of
the Board of Bank
of Baroda reinforces the
Banks commitment to New
Zealand.
By again appointing a New
Zealander as Chairman, the
Corporate Office in Mumbai
has demonstrated its confidence
in the country.
Mr Anthony has served
as an independent board
member to Bank of Baroda
for several years and has
held various capacities such
as Chairman of the Audit
Committee.
Given his long and strong
relationship with the Bank,
he is well versed in the Banks
operational capacity and the
regulatory and compliance
requirements, which the
Bank must operate within in
New Zealand.
There is no doubt that he
will share his own vision for
the strategic path of the bank
and will lead and guide the
Bank in that direction.
Claude Oberto is an independent
Director of Bank
of Baroda New Zealand
Limited. He is also Managing
Director of NF Global Limited
based in Auckland.
Ranjna Patel
Independent Director
It is with great pleasure that I welcome
Wenceslaus as Chairman of the
Board.
I have worked with him for the
past three years and he will bring an
invaluable commercial and political
lens to the bank. With his international
work and ties in the wider New Zealand
Community, the bank will benefit for the
next phase of its growth.
His experience on the New Zealand
India Research Institute and India New
Zealand Business Council heading
Government relations and his commercial
acumen as Chairman and Managing
Director of the WAML Group will be invaluable
for the success of the Bank.
The leadership and governance of the
bank is being passed into capable hands,
from the chairmanship Dr Rajen Prasad.
About Dr Rajen Prasad
Dr Rajen Prasad recently
resigned as
the Chairman of
Bank of Baroda
(New Zealand) Limited after
the successful completion
of seven years in
that post. He was associated
with the Bank since
its inception. His rich experience,
in-depth knowledge
and valuable guidance
helped the Bank to stabilise
its operations and register
satisfactory growth in business.
During the recently
held Board meeting of the
Bank, the Board placed on
record the valuable contributions
made by Dr Prasad
in the progress of the Bank.
-Prahlad Gupta