We are consistently fuelled by the innovative and forward-thinking spirits of those who lead our management. Their thinking percolates down to each and every member of the team and makes the change possible.
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.
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.
Mr. Mukul Sarkar is B.Tech (Hons.) in Mechanical Engineering from Indian Institute of Technology, Kharagpur and holds Post Graduate Diploma in Management from Indian Institute of Management, Kolkata. He joined the Bank in 1998 and at present heads the Risk Management Group as the Chief Risk Officer of the Bank. He is also the Chief Strategy Officer. Prior to this assignment, he was heading the Project Exports Group. Mr. Sarkar has professional experience of more than 25 years in investment banking, corporate credit, project finance, cross border acquisition financing, SME lending and structured trade finance.
Mr. David L. Sinate is Chief General Manager in-charge of Research and Analysis Group at Exim Bank’s Headquarters in Mumbai. Mr. Sinate’s areas of specialization include international trade and finance. He supervises and coordinates the research activities in the Bank, which include: analyzing and monitoring global trade and economic developments, both at regional and country level; assessing country risks and potential; with a view to identifying India’s trade and investment potential. He has represented Exim Bank of India in a number of seminars and meetings both in India and overseas. He has past experience in handling various other groups within the Bank, which include inter alia, Corporate Communications, Export Marketing, IT Infrastructure, Administration, Overseas Offices Coordination, and Internal Audit. Prior to joining Exim Bank of India in 1998, he worked as Research Officer in the Reserve Bank of India, Central Office, Mumbai. Mr. Sinate obtained his Bachelors degree (Economics Honours) from Delhi University, and Masters degree (Economics) from Jawaharlal Nehru University, New Delhi. His interests include photography, table tennis, music (guitar).
Mr. Prahalathan Iyer joined the Bank in 1998. Prior to this, he was with the Associated Chambers of Commerce & Industry of India, India Trade Promotion Organisation and the National Council for Applied Economic Research. At Exim Bank, he has worked in the areas of Export Services, Eximius Centre for Learning, Knowledge Centre and Research and Analysis. He was a member of the ‘Technical Committee on Services / Facilities to Exporters’, set up by the Reserve Bank of India; ‘Task Force on Trading of Goods in Local Currencies’, set up by the Department of Commerce, Government of India; and ‘India-Russia Joint Working Group on Settlement of Bilateral Trade in National Currencies’, set up by the Reserve Bank of India. Mr. Iyer holds a Master's Degrees in Economics, and Financial Management.
Mr. Iyer has interests in Carnatic classical music, writing and reading.
A commerce graduate, Ms. Rima Marphatia also holds a Post Graduate Diploma in Business Management from the Indian Institute of Management, Bangalore, with a specialization in finance. At present, she heads the Internal Audit Group of the Bank. Ms. Marphatia has over 30 years of experience in the areas of corporate lending, treasury, accounting, management information systems, risk management and audit. She has benefited from a number of specialised training programmes both in India and abroad. She has represented Exim Bank on various committees set up by the Reserve Bank of India on issues pertinent to Financial Institutions and has served as the Bank’s Nominee Director on the Boards of assisted companies.
Ms. Manjiri Bhalerao joined the Bank in 1997. She holds a B.Tech (Hons.) degree in Computer Science from the Indian Institute of Technology, Roorkee, and a Master’s in International Business from the Indian Institute of Foreign Trade, Delhi. She is also a Certified Associate of Indian Institute of Bankers. Presently, she is the Chief Compliance Officer and also heading the Sustainability Group in the Bank. Before this she was heading the Corporate Banking Group (handling Commercial Banking Business) and Special Situation Group (handling Stressed Assets) of the Bank. Ms. Bhalerao has over 25 years of pan-India experience in areas of project finance, infrastructure financing, corporate credit, investment banking, overseas investment finance and trade finance. Relationship management, financial structuring in India and overseas and handling Special Situations Accounts are her key strengths. She has worked in various capacities in Exim Bank’s New Delhi Office as well. She has also been on the Boards of companies in a cross section of industries.
Ms. Deepali Agrawal joined the Bank in 1995 after completion of her master’s in management studies (Finance) from the Jamnalal Bajaj Institute of Management Studies, Mumbai. She is a commerce graduate and has worked in different capacities at both the domestic and international offices of the Bank over the past twenty-six years. She has headed the Bank’s Western Region Representative Office and Singapore Representative Office. Having worked in diverse areas like corporate banking, project exports, communications and brand management, upliftment of grassroots level artisans, women empowerment and skill development, human resources management, she has successfully delivered organisational goals, set in domestic and international markets. She is currently heading the Special Situations Group and Corporate Communications Group of the Bank.
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 and contributed as a working group member at government-level committees related to policy development and road map development. 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 also contributed majorly to building the asset base, increase in income and recoveries for the Bank. During the pandemic, she exceptionally managed the manpower resources and ensured safety of all staff by proactively bringing in innovative measures and new initiatives.
Tarun Sharma is the Chief Financial Officer of the Bank and also leads the Bank’s technology initiatives. He has over two decades of global experience in trade, competitiveness, industry and infrastructure development and policy.
Prior to this, Tarun 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, Tarun 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.
Tarun 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.
Tarun 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.
Tarun enjoys reading, listening to music and dabbling in technology in his spare time.
Mr. Gaurav Bhandari is a Chief General Manager handling the Risk Management Group, Grassroots Initiative Development & Marketing Advisory Services Group.
Mr. Gaurav Bhandari, a first class graduate in Economics Honours from Delhi University, is an alumni of Indian Institute of Management, Kolkata with specialisation in Finance and Marketing. He is a Cost & Management Accountant (CMA), a Certified Associate of the Indian Institute of Bankers (CAIIB), a Certified Banking Compliance Professional of the Indian Institute of Banking & Finance (IIBF). He has been awarded Certificate in Risk in Financial Services by the Chartered Institute for Securities & Investments (CISI) and IIBF and has successfully completed the Leadership Development Programme for Senior Management of Public Sector Banks organised by Banks Board Bureau(BBB).
Mr. Bhandari has over 30 years of experience working in All India Financial Institutions in diverse areas such as risk management, compliance, corporate credit, international trade / investment finance, lines of credit, structured lending, handling stressed account and recovery, accountancy, liability side management, including the treasury function and foreign currency resource raising. He has also held the positions of Compliance Officer and Chief Risk Officer of the Bank. He has served as the Bank’s Resident Representative based in London and later as Chief Executive of the London Branch.
Prior to current responsibilities he was in charge of the Lines of Credit Group,a flagship program. His areas of interest include international trade finance, international debt capital markets and stressed asset management.
Mr. Utpal Gokhale hold a Bachelor’s Degree in Electronics Engineering and a Post Graduate Diploma in Management from IIM, Bangalore. Mr. Gokhale has nearly three decades of work experience and has served in various departments at the top management level, such as Credit, Management Information Systems, Risk Management and Administration. He is currently heading the Administration Department and is also the Secretary to the Board of Directors.
Mr. T.D. Sivakumar has 26 years of work experience, with 22 years in India Exim Bank, in various roles and in different locations. He joined the Bank in 2000 and is currently heading Business Development Group. Prior to this, he has headed the Bank’s Project Exports and Corporate Banking Groups and the Bank’s Offices in Washington DC, Chennai and Bengaluru.
Mr. Sivakumar was selected by the Washington D.C. based Institute of International Finance for its Future Leaders Group in 2014, with participants, who are all 40 or under and nominated by their institutions, based on a track record of achievement within the institution and their potential to become a future leader in global finance. He has attended the Advanced Leadership Programme : Credit, Markets and Financial Technologies, jointly organized by CAFRAL and McDonough School of Business, Georgetown University, Washington DC, USA. He has also attended High Performers’ Leadership Development Programme, jointly organized by ICLIF, Malaysia and Australian Institute of Management, Australia. He is Member of Advisory Group for Commonwealth Small States Trade Finance Facility.
Mr. Sivakumar holds a Bachelor’s Degree in Leather Technology from Alagappa College of Technology, Anna University, Chennai, and a Master's Degree in Business Administration (with specialisation in Finance & Marketing) from Bharathidasan Institute of Management, Tiruchirappalli. He has also completed the World Bank Group’s Massive Open Online Courses on Financing for Development and Public Private Partnerships.
Mr. Sivakumar has travelled across the world for business and has also made presentations in international events and fora. He is married and lives in Mumbai with his family. In his leisure time, he enjoys time with the family, watching movies and travelling.
Ms. Meena Verma is a General Manager handling the Loan Monitoring Group.
Ms. Meena Verma, a graduate in Commerce from Mumbai University and a Management graduate, specialising in Finance and Marketing from the University of Pune. She, is a Certified Associate of the Indian Institute of Bankers (CAIIB), and has successfully completed the Leadership Development Programme for Senior Management of Public Sector Banks organised by Banks Board Bureau (BBB). Ms. Meena has over 28 years of experience working in All India Financial Institutions in diverse areas such as Integrated Treasury function, including investments/trading/derivatives, liability side management- domestic/foreign currency resources, Accountancy, Corporate credit, Lines of credit and refinance to SCBs and NBFCs and she has been part of key committees within the Bank related to Loan sanction, stressed assets, Risk management, Asset¬ Liability management, Funds management, Loan pricing and Sustainability Finance, etc. She has also travelled widely both within India and overseas as part of job responsibility.
Prior to current responsibility she was in-charge of the Lines of Credit Group, a flagship program of the Bank. Her areas of interest include international trade finance, domestic and international debt capital markets and Project appraisal and monitoring.
Mr. Vikramaditya Ugra joined India Exim Bank in 1996. He has served across diverse functions over the years ranging from Project Exports, Export Credit, Lines of Credit and Corporate Banking, to Strategy, Compliance, Research & Analysis and Marketing Advisory Services. Mr. Ugra has held prior positions of Chief Executive of the London Branch, Chief Compliance Officer, Secretary to the Board of Directors and Regional Head at the Bank's regional offices at Mumbai and Pune. He has been a member of key internal teams of the Bank which were responsible for setting up the first branch of the Bank in London, restructuring the Bank’s commercial business verticals, and undertaking consultancy studies on capacity building for export credit for financial institutions in South Africa and Ghana. He is a qualified assessor for the Confederation of Indian Industry - Exim Bank Award for Business Excellence, a Total Quality Management award based on the TQM model of the European Foundation for Quality Management.
He has been a Director on the Boards of Indian companies and has lectured at Bank training colleges and industry bodies in India on various aspects of export financing. After graduating in Economics from the University of Mumbai, Mr. Ugra secured a Master's degree in Management Studies from Mumbai's Jamnalal Bajaj Institute of Management Studies. He also holds an Advanced Certificate in Compliance (UK) from the University of Manchester Business School.
Mr. Dharmendra Sachan is a seasoned Knowledge Management practitioner. He holds a bachelor’s degree in Commerce and a master’s degree in Library & Information Science, from the University of Rajasthan. He also holds a Diploma in Computer Science. Mr. Sachan has more than 26 years of experience as a Chief Learning Officer and Chief Knowledge Officer with various organisations across India. Mr. Sachan joined Exim Bank in 1997 and is currently heading the Bank’s Grassroots Initiatives for Development, Marketing Advisory Services, Knowledge Centre and Exim Mitra, a trade information and facilitation portal. Mr. Sachan has earlier headed Information Technology Group and Rajbhasha Group in the Bank. Some of his achievements include automation of more than 75 small and large libraries in India, Southeast Asia and Central America; setting up of a fully Radio Frequency Identification based Learning Resource Centre at Bank of Baroda; and initiation of knowledge management practices in libraries. Mr. Sachan is an avid cyclist and receiver of the ‘Brevets Randonneurs Mondiaux’ medal.
Mr. Sujeet Bhale has over 26 years of Banking experience. He joined Exim Bank in 2012 and is currently heading Loan Operations Group at the Bank’s Head Office. Prior to this, Mr. Sujeet headed other groups like Credit Appraisal Group, Corporate Banking Group, Loan Administration Group, etc. He was also Chief Executive of the Bank’s London Branch and Head of the Bank’s Pune Regional Office. In the Bank, he has largely worked in areas like Corporate Lending, Loan Syndications, Project Finance, Project Exports, Trade Credit, Loan Operations & Monitoring, Stressed Assets Resolution/ Recovery, etc. Mr. Sujeet is / has been member of various Integrated Analysis Groups (IAGs) set up by the Bank to take care of different initiatives or to find better solutions to existing systems & procedures.
Mr. Sujeet is committed to the green cause. He attended various conferences/ meetings like EBRD Annual Meeting - 2013 (Istanbul), World Bank Annual Summit - 2014 (Paris), PRI in Person for SDG - 2017 (Berlin), TICAD - 2019 (Yokohama), etc., wherein the focus was on how the finance sector can contribute to the betterment of Earth, underdeveloped nations, etc.
Before joining the Bank, Mr. Sujeet worked with Bank of Baroda for around 16 years, during which he was mainly involved in the areas of Corporate Credit, Project Finance, Loan Syndication, Infrastructure Finance, etc. He also headed Bank of Baroda’s Syndication Centre in Dubai.
Mr. Sujeet holds Bacherlor’s degree in Engineering (B.E.) and Masters degree in Business Administration (M.B.A). He is also a Certified Associate of the Indian Institute of Bankers (CAIIB) and is PGDBTM from IDRBT, Hyderabad. He has also been the Bank’s nominee director on the Boards of companies.
During free time, he loves to read and stay updated on economic and political matters, listen to music, etc.
Ms Shilpa Waghmare holds a bachelor’s degree in commerce and a Master’s degree in management studies from the University of Mumbai, with specialisation in finance. She is a Certified Associate of the Indian Institute of Bankers. She is currently in charge of Special Situations Group of the Bank. She joined the Bank in 2011 and prior to joining the Bank, she has worked in project finance, loan operations and asset management group of a state level financial corporation and asset reconstruction division of its subsidiary company. She has served across various functions in the Bank including stressed assets, liaising with the Bank’s overseas and domestic offices and project finance under commercial as well as policy business of the Bank. Prior to this, she was heading the Project Exports Group and Buyer’s Credit under National Export Insurance Account (BC-NEIA) group, which is one of the flagship programmes of the Bank. She has over two decades of professional experience in the areas of management and resolution of stressed assets, legal matters and project finance. Her areas of interest include music, dance, cooking and travel.
Mr. Uday Shinde holds a bachelor’s degree in commerce and a master’s degree in personnel management & industrial relations from the Tata Institute of Social Sciences, Mumbai. He joined Exim Bank in 1997 and is currently heading the Corporate Communications Group. Mr. Shinde has professional experience of over 25 years in the human resources and administration area as a generalist. He has worked as Group Head of Official Language Group as also was holding the position of Central Public Information Officer of the Bank under the RTI Act. His areas of interest include employee engagement, talent acquisition and management, and facility management. Besides this, Mr. Shinde has had stints under secondment at the Bank’s Corporate Banking Group and Johannesburg Representative Office. His areas of interest include sports like cricket and table tennis, watching astronomy related shows, cooking, travel and painting.
Mr. Lokesh Kumar is a graduate in Civil Engineering from National Institute of Technology, Patna, and holds a Master’s Degree in Marketing Management from LN Mishra Institute, Patna, and a Post-Graduate Diploma in Financial Management from Indira Gandhi National Open University. He is a Certified Associate of Indian Institute of Bankers. He joined Exim Bank in 2008 and is currently heading the Bank’s Human Resource Management Group. Mr. Kumar has earlier worked in the Corporate Banking, Project Exports and Special Situations groups of the Bank, and has also headed the Bank’s London Branch and Pune Regional Office. He was part of the Bank's team that undertook a consultancy assignment for capacity building of the Sri Lanka Export Credit Insurance Corporation, which was commissioned by the Commonwealth Secretariat, London. Mr. Kumar has over 27 years of professional experience in the banking sector, that includes commercial banking experience of over a decade. He has interests in reading, networking, cooking and travel.
Mr. Saroj Khuntia joined Exim Bank in 2006 and is presently posted at the Bank’s Lines of Credit Group. Mr. Khuntia has earlier worked in the Lines of Credit, Trade Finance, Project Exports and Corporate Banking Groups at the Bank’s Head Office. He has professional banking experience of over 20 years. Mr. Khuntia holds Master’s degrees in Commerce and Finance & Control from Utkal University. He is a Certified Associate of the Indian Institute of Bankers and holds a Diploma in International Banking and Finance from the Indian Institute of Banking and Finance. Mr. Khuntia’s interests include capital markets, international banking, reading and sports.
Mr. Rikesh Chand has more than 25 years of work experience, with over 18 years in India Exim Bank, in various roles and in different locations. He joined the Bank in 2004 and is currently spearheading one of Bank’s flagship programme i.e. Buyer’s Credit under the National Export Insurance Account [ BC-NEIA] . Prior to this, he has headed the Bank’s Special Situations Group and the Bank’s offices in Dubai [UAE] and Ahmedabad. Mr. Chand has professional experience in corporate banking, trade finance and recovery; besides commercial banking experience of four years. He holds a bachelor’s degree in Mechanical Engineering from the National Institute of Technology [NIT], Surat, and is a Certified Associate of the Indian Institute of Bankers.
Mr. Chand has travelled across the world for business and has also made presentations in international events and fora. His areas of interest include capital markets and stress asset management.
Mr. Nirmit Ved joined India Exim Bank in 2000 and is presently posted at the Bank’s New Delhi office, heading the Bank’s Lines of Credit Group and the Government Affairs Cell. He has earlier worked in various groups of the Bank at its Head Office, including Corporate Banking, SME, Business Development and Project Exports. He has also headed the Bank’s Mumbai regional office and the Bank’s overseas offices in Budapest and Dubai, where he was instrumental in setting up of the office. Mr. Ved led a team from the Bank to the CLMV countries as a part of an assignment of the Ministry of Commerce & Industry, Government of India (GoI), to conduct preliminary research for potential for Indian investments in the region, under the GoI’s Act East Policy. He is a certified assessor for the CII-Exim Bank Award for Business Excellence, instituted with the aim of enhancing the competitiveness of Indian companies. He has also served on the Board of few companies.
Mr. Ved is a commerce graduate from Mumbai University and completed his Masters in Management Studies (Finance) from Somaiya Institute of Management Studies and Research. He also holds a master’s degree in Banking and Finance from University of Technology, Sydney. He is a cricket enthusiast and enjoys listening to Hindi music and cooking in his leisure time.
Ms. Meghana Joglekar joined India Exim Bank in 2002 and currently heads the Sustainable Enterprise and Export Development Group. Prior to this, she was overseeing the resource raising function at the Bank’s Treasury and Accounts Group. In her stint spanning around 20 years with the Bank, she has gained experience in core lending operations of India Exim Bank with stints at Representative Offices and Head Office covering the entire range of Bank’s products including Lines of Credit, Corporate Banking, Trade Finance, Project Finance, SME and Agri Financing.
Prior to her posting at the Head Office, Ms. Joglekar was heading the Bank’s Overseas Office at Singapore covering the Asia-Pacific region. She was also supervising the functions of Yangon Representative Office of Exim Bank. She has also headed the Bank’s Western Region Representative Office based in Mumbai, responsible for activities of Exim Bank in the western part of India. In this capacity she was responsible for the Bank’s lending and service programmes in addition to interaction with the international agencies, industry association and trade bodies.
Ms. Meghana Joglekar holds a bachelor’s degree in Commerce and a post-graduate diploma in International Business from K. J. Somaiya Institute of Management Studies & Research, Mumbai.
Ms. Priti Thomas heads the Bank’s Legal Group. With her extensive experience in banking laws, she delivers legal know how for the Bank’s business functions. She possesses rich experience in negotiating contracts pertaining to structured project lending, acquisition finance in various geographies, as also expertise in cross-border litigations and underlying issues pertaining to security enforcement(s).
Over the years, she has networked and developed close working ties with leading law firms across the globe. She has been a resource faculty for training programs conducted by the Indian Institute of Banking & Finance and other academic institutions. She is also involved in organizing training sessions for the Bank’s staff on legal documentation, imparting such training herself and arranging for external experts in the field. She has also held the position of nominee director on the board of an assisted company.
Ms. Thomas has completed her law degree from the Symbiosis Law College, Pune. She also holds an LL.M in Financial and Corporate Laws. Areas of interest include Insolvency laws, Trade Finance and International Trade Laws.
Mr. Manish Joshi has over 25 years of experience in various functions of banking. He joined Exim Bank in 2011 and is currently placed at the Credit Appraisal Group of the Bank. He has served in various groups of the Bank, including Corporate Banking Group and at the Bank’s New Delhi regional office. Before joining Exim Bank, Mr. Joshi was working with State Bank of India where he served the Bank across various locations and offices/branches during his 15 year tenure. He has graduated in electronics engineering and holds a master’s degree from Indian Institute of Management, Indore. He is also a Certified Associate of Indian Institute of Bankers. His areas of interest include listening to music and travelling.