Board Of Directors
Mr. T. N. ManoharanIndependent Director & Part - Time Chairman
Mr. T. N. Manoharan is a practicing Chartered Accountant with 38 years standing. He is the founder partner and mentor of the firm "Manohar Chowdhry & Associates". He served as Director at the instance of RBI in Sahara India Finance Corporation to protect the interest of depositors and winding up of the business and was appointed as Special Director by the GOI on the Board of Satyam Computers Services Ltd. He was a Member on the Board of Insurance Regulatory & Development Authority during 2006-07. He was the Non-Executive Chairman of Canara Bank for 5 years from 2015 to 2020. He was awarded the Business Leadership award & Indian of the year 2009 as part of the Satyam revival team and was also conferred with India's prestigious civilian award "Padma Shri”. His expertise lies in the field of Accountancy, Economics, Banking, Risk, Agriculture & Rural Economy, Small Scale Industry, Finance, Law, Human Resources, Business Management, Administration and Corporate Governance. He is presently a Director on the Board of Tech Mahindra Ltd., Mahindra & Mahindra Ltd., Tech Mahindra America, National Bank for Financing Infrastructure and Development and Member of the Standing External Advisory Committee constituted by the RBI for evaluation of applications for Universal banks and Small Finance Banks for 3 years since March, 2021.
Mr. Rakesh SharmaManaging Director & CEO
Mr. Rakesh Sharma is a seasoned banker with a total stint of over 40 years in various Banks. He started his banking career in State Bank of India (SBI) and held various responsibilities in SBI. He then moved to Lakshmi Vilas Bank Ltd. as MD & CEO and served there for a period of 18 months. He retired from Canara Bank as MD & CEO after serving for a period of 3 years, in July 2018. He has expertise in Accountancy, Agriculture & Rural Economy, Banking, Economics, Small Scale Industry, HR, Business Management, Administration and Corporate Governance. He is currently holding the position of President of the Governing Body of Entrepreneurship Development Institute of India (EDII) and member of the Managing Committee of the Indian Bank’s Association (IBA).
Mr. Jayakumar Subramonia PillaiDeputy Managing Director
Mr. Jayakumar S. Pillai, DMD of IDBI Bank has 32 years and 7 months of experience in Canara Bank before joining IDBI Bank. He has headed branches in various scales across different geographies and has rich experience in branch banking, mobilization of retail resources, Credit delivery in sectors like Retail, Agriculture, MSME and Recovery. He has also worked as Chief Executive of Canara Bank's UK operations for over 4 years and gained experience in International banking. Further, also worked as Wing Head in Bank's mid corporate credit department in HO. Worked as Chairman of Bank's Credit Committee at HO as well as Chairman of General Manager's Credit approval committee-thus gained experience in RAM sectors, Corporate Credit, handling of stressed assets. He has expertise in Accountancy, Agriculture and Rural Economy, Banking, Economics, Finance, Small Scale Industry, HR, Risk, Business Management, Administration and Corporate Governance.
Shri Manoj SahayGovernment Nominee Director
Shri Manoj Sahay is an IA&AS officer of 1994 Batch. He is BE (Civil) from University of Roorkee. He is presently Additional Secretary & Financial Advisor. He has expertise in Accountancy, Finance, Administration and Corporate Governance. He is presently on the Board of Goods and Services Tax Network and Security Printing and Minting Corporation of India Limited as Government Nominee Director.
Shri Sushil Kumar SinghGovernment Nominee Director
Shri Sushil Kumar Singh is an officer of 2006 batch of Indian Defence Accounts Service. He is a post-graduate in Philosophy from University of Allahabad. He has diverse experience while holding independent charge of various offices. Presently he is working as Director, Department of Financial Services, Ministry of Finance looking after the Financial Inclusion division and monitoring the implementation of government flagship schemes like Pradhan Mantri Jan Dhan Yojana, Mudra Yojana, Stand up India scheme and micro insurance schemes. He has expertise in the field of Accountancy, Finance, Administration and Corporate Governance.
Mr. Mukesh GuptaLIC Nominee Director
Mr. Mukesh Gupta has four decades of strategic leadership and operational experience in life insurance industry. He has worked across multiple verticals in various capacities heading all tiers of operational offices in LIC as Branch In- charge, Senior Divisional Manager, Zonal Manager & Executive Director with experience and expertise spread across Personnel, Marketing, Investment Operations, Bancassurance, Human Resources, New Business & Reinsurance, and Zonal Training Centre & Management Development Centre and retired as the Managing Director of LIC. He has special knowledge and practical experience in the fields of HR, Banking, Sales & Marketing, Business Management, Risk, IT, Finance, Administration and Corporate Governance. He is presently on the Board of ITC Limited as Nominee Director of LIC and Jindal Worldwide Ltd. as Independent Director.
Mr. Raj KumarLIC Nominee Director
Mr. Raj Kumar has four decades of strategic leadership and operational experience in life insurance industry and is an Ex-Managing Director of LIC. He joined LIC in the year 1984 as an apprentice officer and has experience in the insurance sector. He has also served as the chief executive officer of LIC Mutual Fund Asset Management Limited and was also the zonal manager, Bhopal, executive director (estate and office services), Mumbai, amongst others, of LIC. He was also the senior divisional manager of Gorakhpur and Jaipur divisions of LIC. He has been conferred with “Most Influential Human Resource Officer in Asia" an Award by CHRO, Asia. He has expertise in HR, Marketing, Business Management, Administration and Corporate Governance. He is presently on the Board of Grasim Industries Ltd. as Nominee Director.
Mr. B. B. JoshiIndependent Director
Mr. B.B. Joshi is a career Banker with around 36 years of experience in Bank of India in various fields like Branch Banking, Corporate Credit, Foreign Exchange, Overseas Operations, Compliance, SME Banking, Retail Banking including overseas banking experience in Africa and USA. As Executive Director of Bank of Baroda, he was on its Board and Board Level Committees. He has expertise in Agriculture & Rural Economy, Banking, Finance, Small Scale Industry, Administration and Corporate Governance.
Mr. Samaresh ParidaIndependent Director
Mr. Samaresh Parida is a Senior Management professional with proven track record of over 30 years in finance, strategy, operations, business reengineering in different sectors. He has experience in India as well as key global markets – specifically USA, Asia, Latin America and Europe. He is the Founder and CEO of SP Growth Consulting which provides management consultancy services. He has expertise in the areas of Accountancy, Agriculture & Rural Economy, Finance, IT, Business Management, Strategic Planning, Administration and Corporate Governance. He is currently Director on the Board of Tiivra Ventures Private Limited, Matrix Comsec Private Limited and Shaily Engineering Plastics Limited.
Mr. N. JambunathanIndependent Director
Mr. Jambunathan is a career banker with rich experience at different levels in State Bank of India. He worked on different positions in the Bank in computer related Departments/ IT including as CGM-IT. He also held important assignments in Retail Banking and Payments business. He retired from State Bank as its Dy. Managing Director. He has worked as Advisor / Mentor with Reliance Payments Systems Ltd. for two years in respect of their payments related initiatives which included setting up of a Joint Venture bank with SBI. He has the expertise in Agriculture & Rural Economy, Banking, Small Scale Industry, IT, Payment & Settlement, Administration and Corporate Governance. He is presently Honorary Chairperson of School of Skills in K M Munshi Institute of Advanced Studies and Honorary President of Kharghar Bhaktha Samajam.
Mr. Deepak SinghalIndependent Director
Mr. Singhal is a retired Central Banker with rich experience at different levels in Reserve Bank of India and has a record of successful delivery through a range of challenging and diverse assignments. He retired from RBI as its Executive Director. He has the expertise in Agriculture & Rural Economy, Banking, HR, Administration and Corporate Governance. He is a part time member of the RBI Services Board and Financial Services Institutions Bureau. He presently serves as Director on the Boards of Nabkisan Finance Limited, Srisagar Capital Pvt. Ltd., DSPIN consulting Private Ltd. (Advisor) and Equirus capital Private Ltd.
Mr. Sanjay Gokuldas KallapurIndependent Director
Mr. Kallapur is Professor of Accounting and Deputy Dean at the Indian School of Business. Prior to joining ISB, he was a tenured Associate Professor at the Krannert School of Management, Purdue University, USA. He has thirty years' of experience in teaching at the Bachelor's, Master's and PhD levels. In addition to ISB and Purdue, he has also taught at the University of Arizona, University of California at Irvine, the Hong Kong University of Science & Technology and National University of Singapore. He has expertise in Accountancy, Finance, Economics, Risk, Administration and Corporate Governance. He is a council member of American Accounting Association and a governing body member of the Andhra Mahila Sabha School of Informatics. He is also an advisor to Sri Chaitanya Degree and PG College, Mahabubnagar.
Smt. P V BharathiIndependent Director
Ms. Bharathi is a seasoned banker with over 37 years of varied experience in banking operations. She retired as Managing Director and CEO of Corporation Bank on March 31, 2020. During her tenure with Corporation Bank from February 01, 2019, she provided strong leadership to the Bank and put the Bank on a growth path through various strategic initiatives. Having joined Canara Bank in 1982, she served in various capacities in Branches & Administrative Offices of the Bank as well as in Hong Kong office of the Bank and rose upto the position of Executive Director (WTD) there. Her expertise lies in the field of Agriculture & Rural Economy, Banking, Small-Scale Industry, Risk, Economics, Administration and Corporate Governance. She is an external member in the SBI’s Screening Committee for scrutiny and recommendation of Compromise Proposal, Sale to ARC/ Bank / Fl / NBFC and alternate chairperson in the Expert Committee set up at IBA level to validate the process of Loan Restructuring cases post sanction She presently serves as an Independent Director on the Boards of IDFC First Bharat Ltd and PTC India Financial Services Ltd and Independent Director and Non-Executive Chairperson of NABKISAN Finance Ltd.
Mr. Ajay Prakash SawhneyIndependent Director
Shri Ajay Prakash Sawhney, a Graduate of Institute of Mechanical Engineers, London, UK (equivalent of B.E. Mechanical Engineer), is a 1984 batch Indian Administrative Service (IAS) officer of Andhra Pradesh cadre. He has served as Secretary to the Government of India, at the Ministry of Electronics and Information Technology and retired on February 28, 2022. As Secretary, Ministry of Electronics and IT, Government of India from June 2017 to February 2022, Shri Sawhney led the Digidhan Mission for promotion of UPI and digital payments, guided the growth of Aadhaar ecosystem and multiple national public digital platforms like Digilocker, Umang, Ayushman Bharat Digital Mission (Health), Bhashini (language technologies) and helped significant growth and acceleration of electronic manufacturing in India. He actively catalysed Indian technology start-ups and Atmanirbhar Bharat Apps, supervised cyber law and cyber security, Data Protection Bill, design of Indian micro-processors, supercomputing and the launch of the National Semiconductor Mission. He has expertise in Information Technology, Payment & Settlements, Human Resource, Administration and Corporate Governance. Presently, he is on the Board of Data Security Council of India and Delhi Gymkhana Club Limited.