Bank of Baroda Uganda on Wednesday announced the resignation of its executive director, Bhati Prithvi Singh, after more than four years in the role. The lender, a subsidiary of India’s Bank of Baroda, recently appointed Deepak Kumar Mishra to the role. Mr Mishra joined the bank in September 2023 from Bank of Baroda India. By law, banks must have at least one executive director, in addition to a managing director, who resides in the country and is responsible for directing the bank’s business. The executive director reports to the managing director.