A role model for today’s youth, Sumit will help the Bank connect with GenNext
Debadatta Chand, Managing Director & CEO, Bank of Baroda
FinTech BizNews Service
Mumbai, June 20, 2024: Bank of Baroda (Bank), one of India’s leading public sector banks, today
announced that the Bank has signed rising Indian tennis player Mr. Sumit Nagal as its brand endorser.
The move is in alignment with the Bank’s long-standing philosophy to support emerging talented and
ambitious Indian sportspersons as they endeavour to compete with the best on the world stage.
Aged 26 years, Sumit Nagal will be strategically positioned by the Bank to target a younger demographic
and a new generation of customers with a range of products specifically designed for this segment.
The highest-ranked Indian singles tennis player currently, Sumit has jumped to a career-high singles
ranking of World No. 71 on 17 th June 2024, while securing a place in the Indian contingent for the Paris
Olympics in the process. In January 2024, Sumit became the first Indian player in 35 years to defeat a
seeded player in a Grand Slam men’s singles match at the Australian Open 2024.
Sumit joins a stellar line-up of Bank of Baroda endorsers that includes badminton star PV Sindhu and
cricketing youth icon Shafali Verma.
Commenting on the association, Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda said,
“Bank of Baroda has a rich legacy of partnering with and extending its support to some of India’s most
promising sporting talent early on in their careers. We are delighted to welcome Sumit Nagal to the
Bank of Baroda family. Tennis is a global, highly competitive and demanding sport and this makes
Sumit’s journey and what he’s aspiring to achieve all the more inspiring and extraordinary. The
collaboration between Bank of Baroda and Sumit will also go a long way in promoting the sport in India
and helping the Bank reach out to a younger audience.”
“Sumit’s commitment, perseverance, passion and authenticity are just some of the attributes that
define him; values that Bank of Baroda holds dear as well. 2024 is already proving to be a breakthrough
year for Sumit and over 80,000 Barodians are cheering for him as he strives to achieve his dreams and
make the country proud,” added Shri Chand.
Sumit Nagal said, “I am honoured and privileged to be associated with Bank of Baroda and would like to
thank them for putting their confidence in me. Bank of Baroda is a leading, trusted Indian financial
services institution that empowers the dreams and ambitions of millions and I eagerly look forward to
this association.”
Born on 16 th August 1997, Sumit started playing tennis at the age of 8. He won the 2015 Wimbledon
boys doubles title. Sumit is the first Indian to reach a Grand Slam singles main draw in 3 years at the
Australian Open 2024 and the first Indian ever to win 2 ATP Challenger singles titles in Europe. Recently,
in April 2024, Sumit became the first Indian player in 49 years to qualify for the main draw of the Monte
Carlo Masters tournament and the first Indian men’s player ever to win a Masters 1000 match on clay,
defeating Matteo Arnaldi in the round of 64.
