Mumbai: M D Mallya, the newly appointed chairman and managing director of Bank of Baroda, says his immediate aim would be to boost the bank’s international franchise.

“We have to see that Bank of Baroda truly becomes India’s international bank” he said from Pune, hours after taking charge at the bank. Bank of Baroda has 71 offices in 46 countries, including 46 branches — second only to State Bank of India in terms of international presence.

“(I) will see that the bank maintains all international standards and truly becomes India’s international bank,” Mallya said.

Mallya comes from Pune-based Bank of Maharashtra, where he was the chairman and managing director.

He is slated to serve at Bank of Baroda till November 30, 2012. Before joining Bank of Maharashtra, Mallya was the executive director of Oriental Bank of Commerce.

He was the part of the core team that oversaw Oriental Bank’s merger with the private sector Global Trust Bank.

Mallya started his career with Mangalore-based Corporation Bank in 1976.

Source : DNA