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

Directors representing Government of India

SHRI RAMESH ABHISHEK

Secretary

Secretary 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

MS. RITA TEAOTIA

Secretary

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

SHRI AMAR SINHA

Secretary ( E R)

Ministry of External Affairs

Amar Sinha joined the Indian Foreign Service in 1982. He is an Economics Graduate from Patna University and has worked with the State Bank of India for over two years before joining the Indian Foreign Service.

During his diplomatic career, he has served in various capacities in Algiers (1983-87), Buenos Aires (1987-90), in the Ministry of External Affairs as Private Secretary to Minister of State for External Affairs, Chemicals & Fertilizers, Parliamentary Affairs and Department of Electronics and Ocean Development from July 91 to May 96. He then served as Director (BSM) in Ministry of External Affairs from June 1996 to July 1997 and as OSD to Minister of State for External Affairs from July 1997 to April 1998.

He also held diplomatic positions in Indian Missions in Washington DC [1998-2001], Jakarta [2001-2004] and Brussels [2004-2007] before being appointed India's Ambassador to Tajikistan (April 2007 to July 2010). During his last tenure in India [2010-2013], he was on deputation to the Ministry of Commerce and Industry and served as Joint Secretary in the Trade Policy Division and the RMTR Division handling WTO related matters and issues related to multilateral economic negotiations. He also oversaw India's participation in multilateral fora such as UNCTAD, APTA, BIMSTEC, G20, IBSA, BRICS, etc. After completion of his assignment in Kabul successfully as Ambassador of India to Afghanistan (June 2013 to January 2016), he has assumed the charge of the post of Secretary (Economic Relations) in the Ministry of External Affairs, New Delhi, on January 15, 2016. His charge includes Development Partnership, Africa, and countries in the Gulf and West Asia.

He speaks Hindi, English, French and Spanish and is familiar with Dari. His interests include travelling, sports, reading and playing Bridge, Tennis and Golf. He has one son.

Directors representing Government of India

SHRI PANKAJ JAIN

Joint Secretary (F S)

Financial Services Department

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 representing Government of India

DR. ARVIND SUBRAMANIAN

Chief Economic Adviser

Ministry of Finance Government of India

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 from Institutions and Commercial Banks

DR. M. D. PATRA

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

MS. GEETHA MURALIDHAR

Chairman and Managing Director

ECGC Ltd

Geetha Muralidhar Chairman and 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

SMT. ARUNDHATI BHATTACHARYA

Chairperson

State Bank of India

Mrs. Arundhati Bhattacharya has assumed the office as Chairperson of State Bank of India on 7th October, 2013.

She is the first Chairperson of the country's largest Bank. She also has the distinction of being the first women Managing Director of the Bank.

A Post Graduate alumnus from the Jadavpur University, West Bengal, Mrs. Bhattacharya joined SBI in the year 1977 and since then has held various important portfolios. Before taking charge as Managing Director, she was MD & CEO of SBI's investment banking arm, SBI Capital Markets. Earlier, as Dy. Managing Director in SBI, she headed the largest Human Resources Department of the Banking Industry consisting of a work force of over two lakh employees, which includes 65,000 Officers.

In her extensive service in the Bank, she has had the opportunity of working in Metro, Urban and Rural areas across the length and breadth of the country. She has handled forex, treasury, retail operations, HR and investment banking portfolios and large Corporate Credit. As Chief General Manager (New Businesses), Mrs. Bhattacharya was involved in setting up several new companies / initiatives of the Bank including SBI General Insurance, SBI Macquarie Infrastructure Fund, SBI SG Securities Ltd, etc., as well as the launch of new IT platforms such as Mobile Banking and Financial Planning in the Bank. As Chief General Manager, Bengaluru Circle, she took keen interest in promoting Financial Inclusion and financing of Self Help Groups. She also had a stint in the Bank's New York office where she was in charge of monitoring branch performance, overseeing External Audit and Correspondent Relations.

Her interests include reading and travel. She is also associated with various initiatives for empowering the challenged and differently abled with the aim of integrating them in the society.

Directors from Institutions and Commercial Banks

SHRI RAJEEV RISHI

Chairman and Managing Director

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

SHRI KISHOR KHARAT

Managing Director & CEO

IDBI Bank Ltd.

Shri Kishor Kharat assumed charge as Managing Director & CEO of IDBI Bank on August 14, 2015. Prior to the present assignment, Shri Kharat was posted as Executive Director, Union Bank of India. Prior to Union Bank of India, he had an immensely successful career of over 37 years at the Bank of Baroda. He has work experience across various aspects of banking, including credit, international business, information technology and general administration in India as well as overseas. He had the honour of establishing a foreign subsidiary of Bank of Baroda in Trinidad & Tobago [West Indies] and headed the same as Managing Director for more than three years. His other foreign assignment was at Sharjah [UAE].

Shri Kharat has been a key driver for implementation of major financial inclusion initiatives and has worked closely with RBI as well as Government of India in this regard. He is a Member of the RBI Committee on Financial Inclusion, which has been given the responsibility of drawing a medium term roadmap for furthering financial inclusion in India. Shri Kharat is a graduate in commerce and Law and is a Certified Associate of the Indian Institute of Bankers. He also holds an Executive Diploma in Management.

Directors from Institutions and Commercial Banks

SMT USHA ANANTHASUBRAMANIAN

Managing Director & CEO

Punjab National Bank

Smt. Usha Ananthasubramanian has assumed the charge as Managing Director & CEO of Punjab National Bank on 14th August, 2015. Prior to joining the Bank, she was Chairman & Managing Director of Bharatiya Mahila Bank Ltd., a new segment specific bank established by Government of India. Prior to this, she was the Executive Director of Punjab National Bank for about 28 months. She comes with the unique experience of setting up a Bank in the public sector space from conception to implementation. Smt. Usha Ananthasubramanian holds a Master’s Degree in Statistics from the University of Madras and a Master’s Degree in Ancient Indian Culture from University of Mumbai. She started her banking career in February 1982 as a Specialist Officer and rose to the post of General Manager in Bank of Baroda.She has been closely associated with the transformation project of Bank of Baroda including rebranding and innovative HR initiatives.

In a career spanning over 33 years, she has worked in various positions and acquired vast versatile and rich banking experience. She is a regular speaker at Conferences both in India and abroad and regularly contributes to various journals.

MR. DEBASISH MALLICK

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.

MR. DAVID RASQUINHA

Managing Director (Interim)

Mr. David Rasquinha has been appointed by the Government of India as Managing Director (Interim) 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.