Dr. Khandelwal, Chairman & Managing Director, Bank of Baroda is a graduate in Chemical Engineering, MBA, Ph.D and a Law Graduate. He also holds Post Graduate Diploma in Labour Laws and Training & Development.

He has over 35 years of banking experience during which he worked as Chief of HRD, Principal of the Bank's Apex Training Institute, and heading operations of two important Zones of the Bank. He has the track record of turning around the operations of the Bank. He is perhaps the only CEO who comes from the field of HR. He has worked as UNDP Consultant to Presidential Commission on Banking, Government of Tanzania.

Dr. Khandelwal is a director on the Board of India's largest General Insurance Company, viz. New India Assurance Company Limited. He is also a director on the Board of Agricultural Finance Corporation of India.

Dr. Khandelwal heads the HR & Corporate Governance Committee of Indian Banks' Association (Employer organization of banks in India). He is on the Governing Boards of various national level institutions like National Institute of Bank Management (NIBM), Centre for Organizational Development (COD), Indian Institute of Banking & Finance (IIB&F), Institute for Bank Personnel Selection (IBPS). He has worked on several important Committees constituted by Reserve Bank of India, Government of India and Indian Banks' Association.

He has authored / edited four books including HRD in Banks. He also contributes regularly to various leading professional journals. He has received several awards including Best HRD Chief from National HRD Network (India), Grid Leadership Award for Excellence in Corporate Management. He was the Chairman of the World HRD Congress held in Mumbai in February 2006.

Recently Economic Times, a premier Economic daily newspaper of India has listed him as 36th Most Powerful CEO in India and No. 1. in the list of CEOs of Indian Public Sector Banks.

Dr. Khandelwal has also been the Chairman & Managing Director of Dena Bank, an Indian public sector bank. His hobbies include music, travel and reading.