Shri Ashok Kumar Garg


Shri Ashok Kumar Garg, is an Independent Director of the West Coast Paper Mills Ltd. He is a Compliance focused and results driven career banker with more than four decades of cross functional banking experience in Retail, SME, Wholesale segment (including Global Markets & Treasury) across four jurisdictions; India, New York, Uganda and London.
He was a whole-time director of Bank of Baroda and served as Chief Executive of US Operations of the bank at New York, Managing Director, Bank of Baroda (Uganda) Ltd at Kampala and Financial Controller of the Bank’s UK operations at London. He also served as Director of Bank of Baroda (Guyana) Ltd, Bank of Baroda (Trinidad & Tobago) Ltd, Bank of Baroda (Kenya) Ltd.
In addition, he held directorship positions at BOB Financial Solutions Ltd, India First Life Insurance Company Ltd, Uganda Securities Exchange Ltd, Uganda Institute of Banking and Finance Ltd and Neighbourhood Housing Services Ltd, USA.
He transformed business in ‘Bank of Baroda’ by leveraging new age technology, introduction of innovative products to enhance customer experience, cost optimisation, adherence to robust Risk Management & Governance framework with added focus on culture of Compliance.
He liaised with global financial regulators, government authorities and peers in industry to formulate and implement best practices. He represented the bank in various strategic committee meetings organized by GOI, MOF, IBA to formulate new digital initiatives pertaining to SME lending, Payments & recovery of impaired assets.
After his superannuation, he has served / is serving as Independent Director and Member Advisory Board of NBFCs, trustee company and Corporates.
He was conferred with various coveted awards and accolades during his career span; notably Best Bank award for Home Loans segment in all Bank category for the FY 2017-18 and Pearl of Africa Lifetime Achievement Award 2013 by the Prime Minister of Uganda.
He is an alumnus of Shri Ram College of Commerce (SRCC) and holds a Master’s Degree in Commerce & a Bachelor’s Degree in Law from Delhi University.