Supporting India's Internationalisation Efforts
Export-Import Bank of India is the premier export finance institution of the country that seeks to build value by integrating foreign trade and investment with the economic rise of India.
The Bank has been guided by expertise at the Board level, by senior policy makers, expert bankers, leading players in industry and international trade as well as professionals in exports, imports or financing. With offices spread across India and in select locations of the world, the bank aspires to boost the businesses of industries and SMEs.
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
Ms. Himani Pande
Additional Secretary
Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry
Directors Representing Government of India
Ms. Himani Pande
Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry
A 1998 batch IAS officer, Ms. Pande has worked in the state of Jharkhand in various capacities in the state both at the cutting edge of implementation as well as in public policy planning.
Ms. Pande enjoys trekking and is a passionate nature lover.
Shri Siddharth Mahajan
Joint Secretary
Department of Commerce, Ministry of Commerce & Industry
Directors Representing Government of India
Shri Siddharth Mahajan
Department of Commerce, Ministry of Commerce & Industry
Shri Siddharth Mahajan, IAS is an Indian Administrative Service officer of the 2003 batch. During his glorious two-decade career, he held various positions in the Government of Rajasthan in the areas of Investment Promotion, Plan, local self-Government, Finance, Food & Civil Supplies, Consumer Affairs, Panchayati Raj, Medical & Health and Family Welfare, Disaster Management & Relief and Civil Defence etc.. Prior to his posting in the Department of Commerce, Ministry of Commerce & Industry, Government of India, he served as a Joint Secretary in the Lok Sabha Secretariat for a brief period.
Shri Mahajan contributed as a Director since January 2012 on the Boards of numerous Rajasthan State Public Sector Enterprises spread across Power, Finance, Urban Transport, Smart Cities, Industrial Development, Renewable Energy, Tourism and Small Industries and Health. He has rich experience of serving as a Managing Director of Rajasthan State Industrial Development and Investment Corporation Ltd., Rajasthan State Power Finance and Financial Services Corporation Ltd., and Chairman, Rajasthan Medical Services Corporation Limited.
Shri Mahajan is presently posted in the Department of Commerce, Ministry of Commerce & Industry, Govt. of India and handling the portfolios of Trade Finance, Foreign Trade (ASEAN), Export Promotion (Gems & Jewellery), Kimberley Process, EXIM Bank along with ASEAN-India Trade negotiations, Foreign Trade (South Asia/SAARC/Iran), etc.
Shri Mahajan is a Law graduate and holds a Bachelor degree in Economics.
Ms. Aparna Bhatia
Adviser
Department of Economic Affairs, Ministry of Finance
Directors Representing Government of India
Ms. Aparna Bhatia
Department of Economic Affairs, Ministry of Finance
Ms Aparna Bhatia Adviser in Department of Economic Affairs, Ministry of Finance, Government of India and she anchors matters relating to Bilateral Cooperation, Coin and Currency and Administration & Coordination.
Ms Aparna Bhatia is an officer of 1996 batch of the Indian Economic Service.
She has earlier served as Adviser International Economic Relations in Department of Economic Affairs, Ministry of Finance and represented India as Director on the SAARC Development Fund, served as Sous-Sherpa to India’s G20 Sherpa and Finance Deputy’s Deputy (FDD). In this capacity, she also anchored all matters relating to OECD, BRICS Finance Track, ASEAN, etc.
Ms Bhatia has, in earlier capacities, served as Director (Multilateral Institutions) in Department of Economic Affairs, holding the charge of International Monetary Fund (IMF), International Finance Corporation (IFC), New Development Bank and World Bank (Finance, Infrastructure and Disaster Resilience Projects). She has also acted as Adviser to India’s Director on the New Development Bank. She also steered the setting up of SARTTAC- the South Asia Regional Training and Technical Assistance Center- of the IMF in New Delhi, India.
She has also headed the Public Private Partnership (PPP) Cell of Department of Economic Affairs for six years- a period when India witnessed peak roll-out of PPP projects in the country in a vast array of sectors and States.
Ms Bhatia served as Officer on Special Duty to Government of Nagaland for a period of five years where her charges included all externally assisted projects of the State, Urban Development, Skill Development for Self-Employment, Planning, Economics & Statistics, and Evaluation.
Ms Bhatia has authored the Nagaland State Human Development Report, designed websites for PPP projects, PPP policies as well as online PPP toolkits, led the team for development of around thirty documents on PPPs in India- encompassing PPP Curriculum, best practice documents in PPPs for roads, water supply, urban transport, health and education as well as case studies in PPPs.
Dr. Abhijit Phukon
Economic Adviser
Department of Financial Services, Ministry of Finance
Directors Representing Government of India
Dr. Abhijit Phukon
Department of Financial Services, Ministry of Finance
Dr. Abhijit Phukon is an officer of Indian Economic Service (IES 2004 batch), presently serving as Economic Adviser and Chief Information Security Officer (CISO) in the Department of Financial Services (DFS), Ministry of Finance, Government of India.
Academically, he holds PhD in Finance, Master in Economics, and Post Graduate Diploma in HRD and Marketing. He published a number of research papers on various issues related to economics, management and finance in internationally reputed Journals.
Professionally, he brings in over twenty years academic, research and cross-cutting governance experience in public policy. He brings in domain knowledge and expertise in sustainable finance, CSR/SDGs/ESG, corporate governance, regulatory and compliance, energy and power sector, infrastructure and Public Private Partnership (PPP), international trade etc.
He worked with Ministry of Finance, Ministry of Corporate Affairs, Ministry of Power, Ministry of Commerce and Industry at various capacities including as Secretary, National Financial Reporting Authority (NFRA). While being in service in the Government, he instituted large scale reforms and policy frameworks in the economic and social sectors.
Directors from Institutions and Commercial Banks
Shri Arnab Kumar Chowdhury
Executive Director
RBI
Directors from Institutions and Commercial Banks
Shri Arnab Kumar Chowdhury
RBI
Shri Arnab Kumar Chowdhury, joined Reserve Bank of India in 1994. He has worked extensively in the area of supervision of financial entities. He has also worked in the areas of corporate strategy, budgeting, accounting etc. He has served as member of several committees and working groups and has been contributing to policy formulation.
Prior to being promoted as Executive Director (ED), Shri Chowdhury was heading the Department of Supervision as Chief General Manager-in-Charge.
Shri Chowdhury was appointed as ED with effect from June 3, 2024. As Executive Director, Shri Chowdhury is looking after Foreign Exchange Department, International Department and Deposit Insurance and Credit Guarantee Corporation.
Shri Rakesh Sharma
Managing Director & CEO
IDBI Bank Limited
Directors from Institutions and Commercial Banks
Shri Rakesh Sharma
IDBI Bank Limited
Mr. Rakesh Sharma is the Managing Director & Chief Executive Officer of IDBI Bank Ltd. Prior to this, Mr. Sharma served as MD&CEO of Canara Bank and Lakshmi Vilas Bank. While in Canara Bank, he also held the position of Chairman in the group companies of Canara Bank.
Mr. Sharma held the position of Chief General Manager in State Bank of India [SBI] before moving to Lakshmi Vilas Bank Ltd in 2014. He had more than 33 years’ experience in SBI, holding key positions, which included Head of mid corporate accounts in Andhra Pradesh region, supervising retail operations in the States of Rajasthan, Uttarakhand & Western UP, banking operations in International Banking Group, credit assignments in specialized branches/ administrative offices, etc.
Mr. Rakesh Sharma is a Post Graduate in Economics, and a CAIIB.
Shri Sristiraj Ambastha
Chairman-cum-Managing Director
ECGC Limited
Directors from Institutions and Commercial Banks
Shri Sristiraj Ambastha
ECGC Limited
Mr. Sristiraj Ambastha is the Chairman-cum-Managing Director of ECGC Limited since 16.12.2024. He was Executive Director in ECGC Limited since 01.09.2023 and Chairman-cum-Managing Director (Additional Charge) since 01.11.2023. His 29-year career in ECGC, the premier export credit agency of India, spans a broad range of areas in both the short-term and medium-and-long-term lines of businesses, ranging from product and policy development, marketing, audit and compliance, human resource development, training, underwriting methods, international relations, and the launch of the new generation information technology platform of ECGC. As the head of International Relations, he has been key to ECGC’s interactions at various bilateral and multilateral forums. He has represented the Company at various international forums. He has been a speaker at many national and international conferences.
He is a Whole-Time Director on the Board of the Company as well as the Chairman Trustee of the National Export Insurance Account (NEIA), set-up by the Government of India to promote project exports. He is a Director on the Board of India EXIM Bank. In July, 2024, he has been appointed as Alternate Director on the Board of African Trade & Investment Development Insurance (ATIDI), Kenya representing Republic of India through ECGC Limited.
He has served as the Chief Vigilance Officer (CVO) of ECGC during the period 2020 to 2023. During his tenure as the CVO, he took a lot of initiatives to ensure greater transparency in the systems and processes of the company.
He holds a Master’s degree in Political Science along with a professional qualification of MBA in Marketing and Post Graduate Diploma in Human Resource Management.
He is a Director on the Board of the Company since November 14, 2023.
Mr. Challa Sreenivasulu Setty
Chairman
State Bank of India
Directors from Institutions and Commercial Banks
Mr. Challa Sreenivasulu Setty
State Bank of India
Mr. Challa Sreenivasulu Setty took over charge as Chairman on 28 August 2024. He joined the Board of SBI as Managing Director in January 2020 and headed Retail & Digital Banking vertical from year 2020 till 2022 and International Banking, Global Markets & Technology portfolio of the Bank thereafter. He has also been heading various task forces/committees formed by the Government of India.
A Bachelor of Science in Agriculture and also, a Certified Associate of Indian Institute of Bankers, he started his career with State Bank of India in 1988 as a Probationary Officer. Across a career spanning over three decades, he has rich experience in Corporate credit, Retail, Digital and International banking and banking in developed markets. Mr. Setty has held key assignments in State Bank of India in Stressed Assets Management, Corporate banking, Mid-Corporate banking, global markets, technology and Syndications both in India and abroad.
Shri Ashwani Kumar
Managing Director & CEO
UCO Bank
Directors from Institutions and Commercial Banks
Shri Ashwani Kumar
UCO Bank
Shri Ashwani Kumar is a Chartered Accountant, Post Graduate in Commerce and also a certified member of Indian Institute of Banking and Finance. He has more than two decades of rich experience in banking.
Shri Ashwani Kumar rose through the ranks serving in various Public Sector Banks such as Bank of Baroda, Corporation Bank, Oriental bank of Commerce, Punjab National Bank and Indian Bank. His experience includes Wholesale Banking Division and Head of several Branches including Industrial Finance Branches and Large Corporate Branches. As a General Manager, he was heading Mid Corporate and Large Corporate verticals. He has served as a Zonal Manager, heading various Zones and also as the Chief Finance Officer (CFO).
As an avid learner, he has attended various training programs in premier institutes in India and abroad including IIM and CAFRAL. He has also completed the Leadership Development Programme of IIM Bangalore, curated by the Banks Board Bureau in consultation with IBA and Egon Zehnder International Pvt. Ltd.
Prior to joining UCO Bank as MD & CEO, he was Executive Director of Indian Bank.
Mr. Rajneesh Karnatak
Managing Director & CEO
Bank of India
Directors from Institutions and Commercial Banks
Mr. Rajneesh Karnatak
Bank of India
Shri. Rajneesh Karnatak has assumed charge as Managing Director & Chief Executive Officer of Bank of India on 29th April, 2023. He was Chief General Manager of Punjab National Bank until his appointment as Executive Director in Union Bank of India from October 21, 2021. He is a Post-Graduate in Commerce (M.Com) and is a Certified Associate from Indian Institute of Bankers (CAIIB).
Shri Karnatak has a rich banking experience of over 31 years and carries varied branch and administrative office experiences. He has headed verticals such as Credit Monitoring, Digital Banking and Mid Corporate Credit. He has also headed Credit Review & Monitoring Division and also Corporate Credit Division in Punjab National Bank.
Shri Karnatak has attended various training and Leadership Development Program from IIM-Kozhikode & JNIDB Hyderabad and has also taken part in Advance Management Programme at IMI (International Management Institute) Delhi & IIBF (Indian Institute of Banking & Finance). He was a part of 1st batch of Senior Officers selected by Bank Board Bureau for Leadership Development Program of IIM Bangalore & Egon Zehnder. He is experienced in credit appraisal, including project and working capital funding, with strong expertise in Risk Management and a specific focus on Credit Risk.
Shri Karnatak has served as Non-Executive Chairman of UBI Services Ltd., on behalf of Union Bank of India. He has also served as Non- Independent Non-Executive Director on the Board of UBI (UK) Limited. He was a member of the Governing Board of Indian Institute of Bank Management (IIBM) Guwahati. He has served as Nominee Director on behalf of Punjab National Bank on the Board of PNB Housing Finance Ltd., and India SME Asset Reconstruction Company Limited. He also served as Board Trustee on IAMCL (IIFCL Asset Management Co. Ltd).
He has been nominated as Director on the Board of Directors in EXIM Bank. He is serving as Chairman of IBA Negotiation Committee, IBA Standing Committee on HR & IR, IBA Sectoral Committee on IFSC GIFT City – Banking Units of IBA, Finance Committee of IBPS, Administrators of IBPS Employees Provident Fund, IBPS Governing Board. Further he is serving as Alternate Chairman of IBA Standing Committee on Agriculture & Allied Activities and serving as member of IBA Managing Committee, NIBM Governing Board, NIBM Campus Committee, NIBM Finance Committee and CII’s National Committee on Banking.
Whole-time Directors
Ms. Harsha Bangari
Managing Director
Export-Import Bank of India
Whole-time Directors
Ms. Harsha Bangari
Export-Import Bank of India
Ms. Harsha Bangari is the Managing Director of Export-Import Bank of India (Exim Bank), bringing over three decades of experience in cross-border finance and banking. Since joining Exim Bank in 1995, she has held key leadership roles across diverse functions including treasury and accounts, overseas investment finance, corporate banking, management information systems, risk management, and project finance.
In 2018, Ms. Bangari was appointed as the Bank’s Chief Financial Officer. Two years later, she became the first woman to serve as Deputy Managing Director of the Bank. In 2021, she was elevated to the position of Managing Director.
A Chartered Accountant by qualification, Ms. Bangari holds a Bachelor’s degree in Commerce from Mumbai University. She is an alumna of the Women’s Senior Leadership Program at the Kellogg School of Management (2018 batch) and has participated in several advanced training programs in India and abroad. She possesses basic proficiency in Spanish and French, and her insights on international capital markets, liability management and project finance are often sought in national and international seminars.
Ms. Bangari is married to Mr. Bhupendra Bangari, and they have a son - Amal. Beyond her professional responsibilities, she enjoys practicing yoga and spending time with her pet dog.
Mr. Tarun Sharma
Deputy Managing Director
Export-Import Bank of India
Whole-time Directors
Mr. Tarun Sharma
Export-Import Bank of India
Mr. Tarun Sharma is the Deputy Managing Director of India Exim Bank. Prior to this, he was the Chief Financial Officer of the Bank and also lead the Bank’s technology initiatives. He has over two decades of global experience in trade, competitiveness, industry and infrastructure development and policy.
Prior to his stint as the CFO, Mr. Sharma was heading the Bank's New Delhi Office, with responsibilities covering structuring finance for enhancing capability of Indian companies; supporting socio-economic development projects in partner countries; handling government affairs, and contributing to policy formulation. During this time, Mr. Sharma was also responsible for launching a new initiative ‘Ubharte Sitaare Programme’ to identify enterprises that have latent potential by way of technology, product or process, and support them through a mix of debt, equity and technical assistance.
Mr. Sharma has, over the past two decades, worked across various functional groups across the Bank, including the Bank’s policy business, strategy formulation and a stint as the Executive Assistant to the Chairman. He has also served as the Bank’s Resident Representative (Americas) based in Washington DC, followed by a stint as a consultant with the World Bank’s Capacity Development and Partnerships Unit.
Mr. Sharma has authored a book ‘Project Exports: Connecting Continents with Indian Expertise’, exploring the instrumental role that project exports are capable of playing in India’s quest for a sustainable rapid economic growth. He has a bachelor’s degree in engineering from Pune, followed by a postgraduate programme in management studies from Mumbai, and an advanced executive management programme from Cornell University in the U.S.
Mr. Sharma enjoys reading, listening to music and dabbling in technology in his spare time.
Ms. Deepali Agrawal
Deputy Managing Director
Export-Import Bank of India
Whole-time Directors
Ms. Deepali Agrawal
Export-Import Bank of India
Ms. Deepali Agrawal is the Deputy Managing Director of India Exim Bank. Prior to this she was the Chief Financial Officer of the Bank. With close to three decades of experience, she has worked in different capacities, at both domestic and international offices of the Bank. Having worked in diverse areas like treasury and accounts, corporate banking, project exports, communications and brand management, upliftment of grassroots enterprises, human resources management and recovery, she has successfully delivered the organisational goals. She represented the Bank while heading the Bank’s Western Region and Singapore Representative Office.
Ms. Agrawal is a qualified assessor for the Confederation of Indian Industry-Exim Bank Award for Business Excellence, which was instituted with the aim of enhancing the competitiveness of Indian companies. As a nominee director, she has been on the Board of several companies in diverse sectors. She has participated as a working group member at government-level committees related to policy development, contributing to policy evolution across diverse areas. Her key achievements include enhancing the Bank’s brand image and visibility, besides the upliftment of the grassroots level artisans and women empowerment, through ideating, conceptualising, and implementing new initiatives. She has contributed towards building the assets, raising resources, increasing income and has been instrumental in making substantial recoveries for the Bank.
Ms. Agrawal joined the Bank in 1995 after completion of her master’s in management studies, with a specialisation in finance, from the Jamnalal Bajaj Institute of Management Studies, Mumbai. She attended the Kellogg School of Management’s Senior Leadership Program and has also undergone the Leadership Development Programme for Senior Management of Public Sector Banks organised by Banks Board Bureau in association with IIM Bangalore.
