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

Shri Dammu Ravi

Secretary (ER)

Ministry of External Affairs

Mr. Dammu Ravi joined the Indian Foreign Service in 1989. He served in Indian Missions abroad in Mexico, Cuba, Brussels in various capacities from 1991 to 2001. He served at Headquarters in Ministry of External Affairs as Deputy Secretary/Director in West Europe and UN Divisions from 2001 to 2006. He served as Private Secretary to Minister of Tourism and Culture from March 2006 to May 2009. He was Joint Secretary in the Ministry of External Affairs responsible for India’s relations with Latin America and Caribbean countries from October 2009 to December 2013.

He served in Ministry of Commerce as Joint Secretary from January 2014 to February 2020 where he handled India’s Trade Policy, including WTO issues such as trade disputes, NAMA, fisheries negotiations, trade policy review etc. He was part of Indian delegation to WTO Ministerial Conference in Nairobi (MC X) in November 2015 and (MC XI) in Buenos Aires in December 2017. He also handled India’s trade and investment relations with regional groups such as G20, BRICS, Commonwealth, SCO, APEC, IORA, ASEM, UNCTAD etc. He was India’s chief negotiator in the mega regional free trade agreement ‘Regional Comprehensive Economic Partnership (RCEP)’.

On return to Ministry of External Affairs in March 2020, he was appointed as Additional Secretary (COVID & Europe).

Currently, he is Secretary (Economic Relations) in Ministry of External Affairs.

He holds a Masters Degree in Political Science from Jawaharlal Nehru University, Delhi. He has published research papers on trade matters:

(i) Standardizing India’s Exports,
(ii) Liberalizing India’s Agriculture Markets
Mr. Dammu Ravi is married and has a daughter.

Directors representing Government of India

SHRI K. RAJARAMAN

Additional Secretary (Investment)

Ministry of Finance

Shri K. Rajaraman, a senior Indian Administrative Service Officer of Tamil Nadu cadre, is a B. Tech in Electronics & Communications, a first class MBA and Master of Economics.

Starting his career as a Design Engineer in BHEL, Trichy, during his rich and varied experience as an IAS Officer, he had held various administrative positions in the areas of Investment Promotion, Foreign Direct Investment, Public Sector Undertakings, Industrial Infrastructure, VAT Administration, etc. He was MD of Chennai Metro Railways for nearly 4 years during its early construction phase, Commissioner for Commercial Taxes in Government of Tamil Nadu and Joint Secretary Expenditure in Government of India in the recent past.

He has published articles in Business Line on 'Right to Information' and 'Energy conservation Policy'. He is a certified trainer in Incident Command System for Disaster Management and has served as a Disaster Rescue Team leader in Nagapattinam (Tsunami relief) and Kanchipuram (Floods 2015, 2016). His special interest is in the field of Right to Information, Industrial Policy and Investment Promotion, Human Development, Consumer Protection, Disaster Management, Urban Mobility and Entrepreneurship.

Directors representing Government of India

SHRI PANKAJ JAIN

Additional Secretary

Ministry of Finance

Pankaj Jain is an IAS officer of the 1990 batch, currently the Additional 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

MR. AMITABH KUMAR

Joint Secretary

Department of Commerce

An alumnus of St Stephen’s College, Delhi, Mr Amitabh Kumar is an IRS (C&IT) officer of 1992 batch. He holds the degrees of Master of Business Administration (MBA) from the Australian Graduate School of Entrepreneurship (AGSE), Swinburne University of Technology, Melbourne and LL.B from Delhi University.

He has held several positions in the Ministry of Finance, Government of India where he was associated with formulation of indirect tax policy formulation and planning. He has been working in the Department of Commerce since October, 2020.

Directors from Institutions and Commercial Banks

Shri R. Subramanian

Executive Director

Reserve Bank of India

Shri R. Subramanian is Executive Director, Reserve Bank of India. He has, over a span of three decades, served in banking supervision, enforcement, financial market regulation, reserve management, internal debt management and other areas in the Reserve Bank.

Shri Subramanian holds a Post Graduate Diploma in Management from the Institute of Rural Management, Anand besides having earned professional qualifications as an Associate of the Institute of Cost Accountants of India and Certified Associate of the Indian Institute of Banking and Finance.

Directors from Institutions and Commercial Banks

Shri M. Senthilnathan

Chairman-cum-Managing Director

ECGC Ltd.

Shri M. Senthilnathan is the CMD of ECGC Ltd. He started his career in ECGC in 1988 and has served in various capacities in its different offices across India. He played a major role in redesigning new insurance products for exporters and banks addressing the requirements of merchandise and services exporters and that of relevant lending by banks. He has served at the Inter Arab Investment Guarantee Corporation, a Multilateral Export Credit Agency in Kuwait as a reinsurance consultant for one year during 2006-07. From 2008 to 2011, he led the Northern Region of ECGC that had 15 offices with a team of around 100 officers. During 2011 to 2015, he was General Manager in the corporate office of ECGC and was responsible for key areas such as Finance and Accounts, Reinsurance, Risk Management, Actuarial functions in addition to being a member of on the Apex Committees on underwriting, Claim, investment human resources and administration. Apart from serving as a whole time Director on the Board of ECGC since December 2015, he is also the Managing Trustee of National Export Insurance Account (NEIA), a Government of India trust that covers Medium and Long Term/Project Exports.

He is a member in the Berne Union (International Union of Credit & Investment Insurers) Management Committee representing ECGC and the Short Term Committee from October 2017.

Shri Senthilnathan holds professional qualification of MBA in Finance.

Directors from Institutions and Commercial Banks

Mr. Dinesh Khara

Chairman

SBI

Mr. Dinesh Khara is Chairman of the country’s largest Bank - State Bank of India. Having joined the bank as a Probationary Officer in 1984, he has rich experience in all facets of Banking. Before assuming office as Chairman, Mr. Khara has held several key positions in SBI such as MD (Global Banking & Subsidiaries), MD (Associates & Subsidiaries), MD & CEO (SBI Mutual Funds) and Chief General Manager - Bhopal Circle. He was also posted at Chicago for an overseas assignment.

As Managing Director, he led the International Banking Group, Large Corporate and Treasury operations in addition to the non-banking subsidiaries of the Bank viz., SBI Cards, SBIMF, SBI Life, SBI General etc. He also seamlessly executed the merger of five erstwhile Associate Banks and Bhartiya Mahila Bank, with SBI. Additionally, he also headed the Risk, IT and Compliance functions of the bank at various points.

Mr. Khara is a postgraduate in commerce from Delhi School of Economics and an MBA from FMS, New Delhi. He is also a Certified Associate of Indian Institute of Bankers (CAIIB). Mr. Khara is passionate about reading and has travelled extensively across the world.

Directors from Institutions and Commercial Banks

SHRI RAKESH SHARMA

Managing Director & CEO

IDBI Bank

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.

Directors from Institutions and Commercial Banks

SHRI RAJKIRAN RAI G.

Managing Director & CEO

Union Bank of India

Shri Rajkiran Rai G. joined Union Bank of India as Managing Director & CEO in July 2017. He is an agricultural science graduate and a certified member of Indian Institute of Bankers. Shri Rai has more than three decades of banking experience, including heading an Industrial Finance Branch, Regions and Zonal Offices. He started his career in 1986 as an Agricultural Finance Officer in Central Bank of India, and gained rich experience of heading the Bank’s branches in different parts of India for over 17 years. He later headed the Human Resource Development Department as General Manager; and served as Field General Manager of the Mumbai Zone of Central Bank of India, before being elevated as the Executive Director of Oriental Bank of Commerce. He has also served on the Board of the Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.

Directors from Institutions and Commercial Banks

SHRI. A.S. RAJEEV

Managing Director & Chief Executive Officer

Bank of Maharashtra

Shri A.S. Rajeev assumed charge as Managing Director & CEO of Bank of Maharashtra on 2nd December 2018. Prior to this, he was Executive Director of Indian Bank.Shri Rajeev has nearly three decades of professional banking experience in three banks, namely, Syndicate Bank, Vijaya Bank and Indian Bank. A qualified Chartered Accountant, he has expertise in all important areas of banking including Corporate Credit, International Banking, Treasury, Risk Management, Credit Monitoring & Supervision, NPA Management, Planning & Development, Human Resources, Finance, Accounts & Taxation, Vigilance, Corporate Governance, Inspection & Audit, Cyber Security and Subsidiaries. As Executive Director of Indian Bank, he was Director of NPCI and two of the Bank’s Subsidiaries, M/s. IndBank Merchant Banking Services Ltd. and M/s. Ind Bank Housing Ltd. He had also worked as member of various committees constituted by RBI/Government.

At Vijaya Bank, Shri Rajeev has also served as the Regional Head in Bangalore and Chennai regions of the bank.

He has attended various professional training programmes, both within India and abroad, including amongst others, programmes on advanced leadership development, EDP, risk management, IFRS, financing infrastructure projects and derivatives.

Whole-time Directors

MS. HARSHA BANGARI

Managing Director

Ms. Harsha Bangari is Managing Director of the Bank. Prior to this, she was the Deputy Managing Director and Chief Financial Officer of Exim Bank having joined Exim Bank in 1995. Ms. Bangari is a seasoned finance professional with experience of more than 25 years in the financial sector and has thorough knowledge of the Bank’s processes and business policies across functions covering all products of the Bank including cross border project financing as well as Risk Management, Client Servicing and Liability side management including Treasury Functions and Foreign Currency Resources. Her areas of interest include international debt capital markets and international project finance.

Ms. Bangari is a Bachelor of Commerce and a Chartered Accountant.

Whole-time Directors

SHRI N. RAMESH

Deputy Managing Director

Shri N. Ramesh is Deputy Managing Director of India Exim Bank. He is an officer of Indian Telecom Service from 1999 Batch. Prior to his appointment at India Exim Bank, he served as Executive Director in National Agricultural Cooperative Marketing Federation of India Ltd. He served as Director in Department of Commerce, Government of India from 2016 to 2019, where he oversaw Agriculture, Export Inspection, Biotechnology, and Plantations Divisions. Shri N. Ramesh worked as Director (Marketing) at Marine Products Export Development Authority, Ministry of Commerce and Industry from 2010-2016.

He has worked in the Department of Telecom in enforcement of licensing conditions and regulations, on all the telecom service providers and the BPO industry. He has also worked with BSNL on development of mobile network and infrastructure.

Shri Ramesh is a Bachelor of Engineering in Electronics and Communication from Bangalore University and a Post Graduate in Public Policy and Management from Indian Institute of Management, Bangalore.