Board Of Directors

Mr. T. N. Manoharan

Independent 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 Sharma

Managing 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 Deputy Chairman of Indian Bank’s Association (IBA).


Mr. J. Samuel Joseph

Deputy Managing Director

Mr. J. Samuel Joseph joined Exim Bank in 1998. He headed the Loan Administration and Human Resources Management Groups of the Bank, Corporate Banking, SME, Treasury, Accounts and Information Technology Groups at the Head Office of Exim Bank. Mr. Samuel served in the Bengaluru, Hyderabad, Milan and London Offices of Exim Bank in various capacities. He has over 25 years of professional experience in international trade and investment finance, project finance, structured lending, liability side management, including Treasury and raising of resources. He has expertise in Accountancy, Banking, Business Management, HR, Risk, Finance, Information Technology, Sales & Marketing, Administration and Corporate Governance.


Mr. Suresh Kishinchand Khatanhar

Deputy Managing Director

Mr. Suresh Khatanhar has diversified banking experience with 13 years at Dena Bank, a Public Sector Bank, 8 years at erstwhile IDBI Bank (a private bank which was amalgamated with IDBI) and 14 years at IDBI Bank before his appointment as DMD in IDBI Bank. He has exposure in Retail Banking business, Priority Sector Lending, Corporate Banking (Mid Corporate & Large Corporate), service oriented functions such as Trade Finance and cross selling of various Treasury products. He has expertise in Accountancy, Banking, Finance, Risk, Agriculture & Rural Economy and Small Scale Industry, Business Management and Administration & Corporate Governance.


Shri Manoj Sahay

Government Nominee Director

Shri Manoj Sahay is an IA&AS officer of 1994 Batch. He is BE (Civil) from University of Roorkee. He is presently Joint Secretary & Financial Advisor handling six departments, viz. Department of Revenue, Department of Expenditure, Department of Economic Affairs, Department of Financial Services, Department of Investment & Public Asset Management (DIPAM) and Department of Public Enterprises. 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 Singh

Government 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 Gupta

Mr. Mukesh Gupta

LIC 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.


Mr. Raj Kumar

Mr. Raj Kumar

LIC Nominee Director

Mr. Raj Kumar is the 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 and was also awarded “Hinditar Bhashi Samman” by Madhya Pradesh Rashtra Bhasha Prachar Samiti, Bhopal. He has expertise in the field of HR, Marketing and Business Management. He is presently on the Board of Grasim Industries Ltd., LIC Housing Finance Ltd., LICHFL Asset Management Company Ltd. and LIC (Lanka) Ltd. as Nominee Director of LIC.


Mr. Gyan Prakash Joshi

Independent Director

Mr. Gyan Prakash Joshi is an ex-IAS Officer. During his tenure as IAS Officer, he was posted in the states of Gujarat and Manipur as well as Government of India. He holds wide experience in the management of public sector enterprises (PSEs) having spent about ten years in various capacities in select PSEs of Gujarat. Mr. Joshi took voluntary retirement from active Govt. services in December 2008 and is, at present, engaged in supporting education and nutrition in rural areas of Ramgarh, Uttarakhand, through a voluntary agency named KAFAL. He has expertise in Agriculture & Rural Economy, Finance, Small Scale Industry, Risk, Administration and Corporate Governance.


Mr. B. B. Joshi

Independent 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 Parida

Independent 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 and Matrix Comsec Private Limited.


Mr. N. Jambunathan

Independent 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 presently holds the position as Director in Titanium Fortune Financial Services Private Limited, Honorary Chairperson of School of Skills in K M Munshi Institute of Advanced Studies, Honorary President of Kharghar Bhaktha Samajam and part time advisor in Fintra Software Private Ltd.


Mr. Deepak Singhal

Independent 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. He presently serves as Director on the Boards of Nabkisan Finance Limited, Srisagar Capital Pvt. Ltd., DSPIN consulting Private Ltd. (Advisor), Equirus capital Private Ltd. and Cogent E Services Private Limited.


Mr. Sanjay Gokuldas Kallapur

Independent 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 and a Director on the Board of Forum For Indian Accounting Research.


Smt. P V Bharathi

Independent 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 presently serves as an Independent Director on the Board of IDFC First Bharat Ltd.