Board of Directors

Since inception, people at the helm have shaped and executed ideas to leverage our unique perspective and experience. As visionaries, they have led us to the fore and continue to show us the way to the future.

Directors representing Government of India

Directors from Institutions and Commercial Banks

Whole-time Directors

Directors representing Government of India



Department of Commerce
Ministry of Commerce & Industry

Ms. Rita Teaotia is an IAS officer of 1981 batch, presently working as Secretary, Department of Commerce, Ministry of Commerce & Industry, Government of India. Ms. Teaotia has got a post graduate degree in History; training in financial management from IIM Bangalore and training in Administrative Law from the National Law School of India University amongst other certifications.

Prior to the present posting, Ms. Teaotia was Special Secretary in the Department of Telecommunications, Ministry of Communications & Information Technology.She has previously worked as Principal Secretray in the Ministry of Rural Development; Joint Secretary in the Ministry of Health & Family Welfare and at various positions in the Ministry of Women & Child Development, Government of India.

Directors representing Government of India



Department of Industrial Policy & Promotion
Ministry of Commerce & Industry

Mr. Abhishek has a Masters Degree in Public Administration from Harvard Kennedy School. He also has a Masters Degree in Business Administration in Finance as well as a Masters Degree in International Relations.

He has worked in Bihar in the posts of Divisional Commissioner, Patna and District Magistrate, Patna and East Champaran. In the Government of India, he has been Chairman of the Commodity Derivative Markets Regulator, Forward Markets Commission. During his term, he brought about far-reaching reforms in the regulation of the market.

He has also worked in the Ministry of Food Processing Industries, Ministry of Home Affairs and Ministry of Law and Justice. Mr. Abhishek has also worked in the Supreme Court of India as a key Member of the E-Committee that is entrusted with the task of bringing e-Governance in Judiciary. He has also worked in the United Nations in Kosovo as Civil Affairs Officer.

He is currently Secretary in the Department of Industrial Policy and Promotion, the key Department which is spearheading key Government initiatives such as Make in India, Start-up India, Ease of Doing Business and Industrial Corridors in the country. Prior to his joining as Secretary, Department of Industrial Policy & Promotion, he was Secretary, Performance Management in the Cabinet Secretariat.

Directors representing Government of India


Secretary (ER)

Ministry of External Affairs

T.S. Tirumurti joined the Indian Foreign Service in 1985. His previous diplomatic assignments include postings in Cairo, Permanent Mission of India in Geneva, Representative of India in Gaza, Washington D.C, Deputy Chief of Mission in Jakarta and High Commissioner in Malaysia. He has also served as Under Secretary (Bhutan), Director (Foreign Secretary’s Office), Joint Secretary (Bangladesh, Sri Lanka, Myanmar and Maldives) and Joint Secretary (United Nations Economic and Social) during his stints at the Ministry of External Affairs, New Delhi. T.S. Tirumurti assumed his current assignment as the Secretary (Economic Relations) on 5thFebruary 2018.

Directors representing Government of India


Chief Economic Adviser

Ministry of Finance

Educational: BA (Hons) in Economics from St. Stephens College, Delhi; MBA
Qualifications: Indian Institute of Management, Ahmedabad; and M.Phil and D. Phil from the University of Oxford, UK.
Profession: Presently working as Chief Economic Adviser to the Government of India.

Served as the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and a Senior Fellow at the Center for Global Development, Washington DC.

Formerly an Economist at the International Monetary Fund.
Formerly Professor, Harvard University’s Kennedy School of Government.
Formerly Professor, Johns Hopkins’ School for Advanced International Studies.

Author of several books including India’s Turn: Understanding the Economic Transformation; Eclipse: Living in the Shadow of China’s Economic Dominance; and co-author of Who Needs to Open the Capital Account.

Published widely in academic and other journals including in leading magazines and newspapers, such as Economist, Financial Times, Washington Post, New York Times, Wall Street Journal, Newsweek, Financial Times, Business Standard and New York Review of Books.

Directors representing Government of India


Joint Secretary

Department of Financial Services

Pankaj Jain is an IAS officer of the 1990 batch, currently the Joint Secretary, Department of Financial Services, Ministry of Finance, Government of India. He is an alumnus of Shri Ram College of Commerce from where he has a Bachelor’s degree in Commerce followed by an MBA from FMS Delhi. He also has a professional qualification in the discipline of accounting as an Associate of the Institute of Cost Accountants of India.

He has worked for the Governments of Assam and Meghalaya. This encompasses being District Magistrate at Shillong and Tura along with assignments in the Secretariat and State Corporations dealing with Power, Planning, Information Technology, Livelihood Promotion and Industries as well as being Director with the Government of India in the Ministry of Micro, Small and Medium Enterprises. His work experience also includes a three year stint with the British International Aid Agency - the Department for International Development (DFID) as Governance Adviser and Senior Program Manager. His areas of interest include Intellectual Property Rights where he has collaborated with UNIDO to develop an IPR guide for the Indian Toy Industry. He has also been a consultant to the Commonwealth Secretariat and the Asian Productivity Organisation on adoption of IT by small and medium enterprises in India and Bangladesh.

Directors from Institutions and Commercial Banks


Executive Director

Reserve Bank of India

Michael Debabrata Patra, a career central banker since 1985 and has worked in various position in the Reserve Bank of India. He is currently Executive Director of the Bank. Prior to this he was Principal Adviser of the Monetary Policy Department, Reserve Bank of India since July 2012. He has worked in the International Monetary Fund as Senior Adviser to Executive Director (India) during December 2008 to June 30, 2012, when he actively engaged in the work of the IMF’s Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.

His book entitled “The Global Economic Crisis through an Indian Looking Glass” vividly captures this experience. He has also published papers in the areas of inflation, monetary policy, international trade and finance, including exchange rates and the balance of payments. A Fellow of the Harvard University where he undertook post doctoral research in the area of financial stability, he has a Ph.D. in Economics from the Indian Institute of Technology, Mumbai.

Directors from Institutions and Commercial Banks



State Bank of India

Shri Rajnish Kumar has assumed the office as Chairman State Bank of India on 7th October, 2017. Previously, Shri Rajnish Kumar was the Managing Director (National Banking Group) looking after retail banking and latest initiatives in payments and digital banking since November 2015.

Prior to becoming Managing Director in SBI, Shri Rajnish Kumar was heading SBI Capital Markets Limited (the Merchant Banking arm of State Bank of India) as Managing Director & Chief Executive Officer.

Shri Rajnish Kumar has been with the State Bank of India for over three decades, having joined the Bank as a Probationary Officer in 1980. An M.Sc. in Physics, apart from CAIIB, Shri Kumar has held several key assignments across various business verticals, including two overseas assignments in Canada and U.K. He has vast experience in handling large credit, project finance, foreign exchange and retail banking. Shri Kumar has held such important positions as Regional Head, SBI(UK); Chief General Manager, North East Circle, Chief General Manager, Project Finance and Managing Director (Risk & Compliance). Shri Kumar is an avid traveller and has visited several countries. He loves sports and is a good player of badminton.

Directors from Institutions and Commercial Banks


Chairman-cum-Managing Director


Geetha Muralidhar Chairman-cum-Managing Director of ECGC Ltd., an export credit agency of India. She is also the Managing Trustee of National Export Insurance Account Trust (NEIA), a Trust set up by Ministry of Commerce & Industry (MOC&I), Government of India, for providing export credit insurance cover for promoting India’s project exports on medium or long term basis. She was actively involved in setting up of the NEIA from its conception stage. She headed the banking division which insures almost 65% of the export credit outstandings in the country. She has over 30 years experience in the field of export credit insurance in various capacities at different centers.

She has been a panelist speaker and also chaired many interactions on trade finance, risk management, credit insurance, reinsurance of credit and surety business and other subjects relating to international business, both at national and international levels including at London School of Economics, International Working Group on export credit etc. She has been the vice president of Berne Union, an eighty year old organisation of export credit agencies of various countries.

She regularly contributes articles in journals like Global Policy, Trade & Finance, Berne Union Year Book etc.

She is a graduate in Physics with Post Graduate Diploma in International Business Operations and in Human Resource Management. She also has a Masters in Commerce with banking and insurance as specialization.

Directors from Institutions and Commercial Banks


Managing Director and CEO

Central Bank of India

Shri Rajeev Rishi joined the Central Bank of India as Chairman and Managing Director with effect from 01.08.2013, prior to that he was the Executive Director of Indian Bank. Shri Rishi started his banking career with Oriental Bank of Commerce as a Probationary Officer. He served for over three decades in Oriental Bank in various positions and geographies.

Shri Rishi is entrusted with various Board level and committee level responsibilities in different organizations like Indo Zambia Bank Ltd., India Infrastructure Finance Co. Ltd., Indian Institute of Banking and Finance, Reserve Bank of India, Institute of Banking Personnel Selection and Indian Banks’ Association. He has been a University Rank Holder, national Merit Scholar and is a law graduate from Panjab University, Chandigarh. He is a sport enthusiast and has represented his College in Table Tennis and Chandigarh in National Roller Skating meet.

Directors from Institutions and Commercial Banks


Managing Director & CEO

IDBI Bank Ltd.

Shri Mahesh Kumar Jain has assumed charge as Managing Director & CEO of IDBI Bank on April 3, 2017. Prior to the present assignment, Shri Jain was holding the post of Managing Director & CEO, Indian Bank since November 2, 2015. Preceding that, he was Executive Director of the Bank from September 2013 and was holding additional charge as MD&CEO since 10th June 2015, before being appointed as MD&CEO.

Shri Jain, a Professional Banker having more than 30 years experience, served at various positions in Punjab National Bank, Syndicate Bank and Indian Bank across multiple areas that include Corporate & Retail Credit, Risk Management, Credit Monitoring including Corporate Debt Restructuring, Business Process Re-engineering, Treasury & International Banking.

Since joining Indian Bank, Shri Jain had made significant contribution towards making the Bank ‘strong and stable’. Under his stewardship, various initiatives and reforms with far reaching positive ramifications were implemented. These efforts culminated in transforming Indian Bank as one of the best performing Public Sector Banks in the country.

As a reiteration of its standing, Indian Bank was conferred with Financial Express Award as Best Bank for ‘Strength & Soundness’. The Market Capitalisation rose more than 3 times and the Bank emerged as Asia’s top performing Bank stock. Indian Bank improved its financial position in all parameters like capital adequacy, profitability and asset quality. Indian Bank was rated one of the Top Performing Banks in the Industry consecutively for the last 3 years by various Rating Agencies.

During Shri Jain’s stewardship, flurry of Awards were conferred on Indian Bank for crucial areas like Technology, Agriculture, Urban and Rural banking, SHG Bank linkage, etc.

Shri Jain was the Secretary & Coordinator to Basant Seth Committee on Review & Revamp of Internal & Concurrent Audit System in PSBs. He was a member of Government constituted Committee on Public Interest Litigation on NPAs for submission to Hon’ble Supreme Court. Also, Shri Jain served as a member in the IBA Committee constituted by Government of India for redesigning the APAR of Officers of Public Sector Banks.

At present, Shri Jain is a member of the NIBM Governing Board, PGDM Executive Council of NIBM, CII National Committee on Banking 2016-17, CII National Council on Financial Sector Development 2016-17 and IBPS Governing Board.

Shri Jain is a Post Graduate in Commerce and holds Professional Qualifications like CAIIB, CFA, MBA and FRM.

Directors from Institutions and Commercial Banks

Shri Dinabandhu Mohapatra

Managing Director & CEO

Bank of India

Mr. Dinabandhu Mohapatra, a post-graduate in Economics and holding a degree in Law, joined Bank of India as a Direct Recruit Officer in the year 1984. During his career spanning over three decades, he has headed various Branches, Departments, Zones and National Banking Groups in Eastern, Western, Northern and Southern parts of the country.

He carries with him vast knowledge and multi-dimensional banking experience including Treasury Operations, International Banking, Priority Sector Lending, Corporate Lending, Marketing, Recovery, Human Resources, spanning over thirty three years, including his stint as Chief Executive Officer of Hong Kong and Singapore Centres of Bank of India.

As Executive Director of Canara Bank, he was overseeing International Operations, Overseas Credit, Strategic Planning &Development (including Economic Intelligence & BPR), Retail Resources, Marketing, Selling & Cross-selling, Government Business and Fee Income Vertical, Corporate Credit, PAG & Syndication, CDR & Stressed Accounts, Financial Management & Subsidiaries.

He was Director on the Boards of Canara Bank’s Subsidiaries – CHOICe, Canbank Factors & Canbank Computer Services Limited.

He has taken charge as Managing Director & CEO of the Bank on 05 May, 2017.

Whole-time Directors


Managing Director

Mr. David Rasquinha has been appointed by the Government of India as Managing Director of Export-Import Bank of India (Exim Bank). Prior to this appointment, he was Deputy Managing Director of Exim Bank.

A first class graduate in Economics and a post graduate in Business Management, Mr. Rasquinha joined Exim Bank in 1985 and since then has had a wide ranging exposure to the broad field of export credit, having worked in the areas of Treasury, Multilateral Agency Funded Projects, Planning & Research, Risk Management, Trade Finance, Project Finance and Project Exports. He was a member of an Exim Bank team that conducted a feasibility study for setting up an export credit agency for the Gulf Co-operation Council countries. He served as a member on the Working Group set up by Reserve Bank of India for working capital finance to software units. From 1999 – 2004, he served as Resident Representative at the Bank’s Washington DC Representative Office.

Whole-time Directors


Deputy Managing Director

Mr. Debasish Mallick has been appointed by the Government of India as Deputy Managing Director of Export-Import Bank of India. Prior to this appointment, Mr. Mallick was the Managing Director and CEO of IDBI Asset Management Company Ltd.

A post graduate in Economics and a Certified Associate of Indian Institute of Bankers, Mr. Mallick has nearly three decades of experience in the Banking industry. Immediately prior to joining the IDBI Asset Management Company Ltd., he was head of Personal Banking Business for IDBI Bank Ltd. (West Zone) which included distribution of Mutual Fund products. Mr. Mallick has long experience in the areas of Corporate Banking, International Banking, Resource Mobilization and Treasury among others.