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


Additional Secretary

Department of Economic Affairs, Ministry of Finance

Mr. Rajat Kumar Mishra currently serves as the Additional Secretary in the Department of Economic Affairs of the Government of India, where he is in charge of the divisions dealing with all multilateral and bilateral funding agencies, including all matters relating to sustainable finance, the International Monetary Fund and the UN. In addition, he currently serves as a board member of the New Development Bank and the Asian Infrastructure Investment Bank, the Deputy/Alternate Governor to the Asian Development Fund, the International Monetary and Financial Committee, the International Fund for Agricultural Development, and the International Development Association, and is India’s Principal Representative in SAARTAC.

He has served in a variety of capacities with the Government of India, including as Joint Secretary and Additional Secretary, Department of Economic Affairs, where he was involved in the budget-making process for two Union Budgets (2020-2021 and 2021-2022), during which a paperless digital budget was presented to the Parliament by the Ministry of Finance for the first time. He also helped manage the financial resources of the Government of India during the COVID-19 crisis in 2020-2021.

He was India’s Sous Sherpa for G20 Japan 2020. He represented India in the South Asian Association for Regional Cooperation (SAARC) Development Fund and coordinated several Economic and Financial Strategic Dialogues with USA, the European Union, China, and Maldives. He also co-chaired the Inter-Ministerial Committee to select project proposals from African and Southeast Asian countries for extending development assistance under IDEAS. Mr. Mishra has also served as Secretary in the Chief Minister’s Office in Rajasthan, Principal Secretary of the Public Health Engineering Department, Government of Rajasthan, and Managing Director of Rajasthan State Mines and Minerals Limited. He has, in the past, extensively worked in the areas of labor reforms, skills development, urban development, and taxation, among others.

Directors representing Government of India

Shri Suchindra Misra

Additional Secretary

Department of Financial Services, Ministry of Finance.

He is from the 1992 batch of Indian Defence Accounts Service and has served in various assignments within the Defence Accounts Department. He has also served in the Ministry of Finance, Government of India as Deputy Secretary / Director in the Department of Investment and Public Asset Management and the Department of Expenditure and as Joint Secretary in the Department of Financial Services.

He is an alumnus of Delhi University and XLRI-Xavier School of Management, Jamshedpur.

Directors representing Government of India

Shri Vipul Bansal

Joint Secretary

Department of Commerce, Ministry of Commerce & Industry

Shri Vipul Bansal is an officer of the Indian Administrative Services from the 2005 batch, currently serving as the Joint Secretary in the Department of Commerce and Industry. Prior to this, he has served in several ministries of the Government of India, including finance and defence. Shri Bansal completed his Chartered Accountancy in 2001 and is an alumnus of Sri Ram College of Commerce, University of Delhi, where he has completed his Bachelor’s degree in Commerce in 1998. He speaks English, Hindi and Kannada.

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


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


Managing Director & CEO

IDBI Bank Ltd

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 Dinesh Kumar Khara


State Bank of India

Mr. Dinesh Kumar 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


Managing Director & CEO

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.

Directors from Institutions and Commercial Banks

Shri Matam Venkata Rao

Managing Director & CEO

Central Bank of India

Shri M.V. Rao is Managing Director & CEO of Central Bank of India where he took charge with effect from 1st March, 2021. Before his elevation to his current position, Shri Rao was Executive Director of Canara Bank for over three years.

A Post Graduate in Agriculture, Shri Rao began his career with erstwhile Allahabad Bank (now Indian Bank) and has over three decades of professional banking experience in leadership roles. His expertise extends to all major areas of banking, including Corporate Credit, Retail Assets, Treasury Management, Human Resources, Credit Policy & Monitoring, Stressed Assets Management, Digital Banking, Risk Management, Business Process Transformation etc.

As Executive Director, Canara Bank, Shri Rao also oversaw the smooth amalgamation of Syndicate Bank with Canara Bank in the quickest possible time.

Shri Rao is credited with bringing about a turnaround in the performance of Central Bank of India in the recent times and bringing the Bank back to profitability after incurring losses continuously for the last six years. The Bank is in the process of transformation with a number of futuristic initiatives being introduced to emerge as a leading player in the banking sector.

Besides being a Director of United India Insurance Co. Ltd., Shri Rao is a Member on the Governing Board of Institute of Banking Personnel Selection, Mumbai and Indian Institute of Bank Management, Guwahati. He is also a Member of different committees formed by Reserve Bank of India, IRDAI and Indian Banks’ Association.

Directors from Institutions and Commercial Banks

Shri Ashok Kumar Gupta

Non Official Director


Shri Ashok Kumar Gupta is a tax consultant and the proprietor of A. K. Gupta & Co. He has over 34 years of experience in tax and regulatory domains, having expertise in tax planning, litigation support, due diligence review, FEMA and other tax laws. He holds a bachelor’s degree in commerce (hons.) from St. Xavier’s College and in law from Calcutta University. Shri Gupta is a life member of Direct Taxes Professionals Association and has interests in reading books and periodicals and playing cricket and football.

Whole-time Directors

Managing Director of Exim Bank


Managing Director

Ms. Harsha Bangari is the Managing Director of the Bank. Prior to this, she was the Deputy Managing Director and Chief Financial Officer of the Bank.

Having joined the India Exim Bank in 1995, Ms. Bangari is a seasoned finance professional with experience of more than 27 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, where she has an operational experience of more than 14 years.

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

Whole-time Directors

Deputy Managing Director of Exim Bank


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.