People: IDBI Bank Ltd (IDBI.NS)

IDBI.NS on National Stock Exchange of India

72.40INR
5:23am EST
Price Change (% chg)

Rs3.55 (+5.16%)
Prev Close
Rs68.85
Open
Rs69.00
Day's High
Rs73.30
Day's Low
Rs69.00
Volume
4,897,590
Avg. Vol
2,820,140
52-wk High
Rs116.40
52-wk Low
Rs52.90

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Summary

Name Age Since Current Position

M. Raghavan

2013 Chairman of the Board, Managing Director

P. Sitaram

2013 Chief Financial Officer, Executive Director

B. Batra

2013 Deputy Managing Director, Executive Director

Melwyn Rego

2013 Deputy Managing Director, Whole-Time Director

R. Bansal

Executive Director

Viney Kumar

Executive Director

B. Ravindranath

Executive Director

S. K. V. Srinivasan

Executive Director

Pawan Agrawal

2013 Company Secretary

Snehlata Srivastava

2013 Non-Executive Director

Ninad Karpe

2012 Independent Director

Subramanian Ravi

55 2012 Independent Director

P. Shenoy

2011 Independent Director

Pankaj Vats

2013 Part-time Non-Official Director

Biographies

Name Description

M. Raghavan

Shri. M.S. Raghavan is Chairman of the Board, Managing Director of IDBI Bank Ltd. He is a science graduate and a post-graduate diploma holder in Management and Financial Management. He started his banking career as a Probationary Officer in Indian Overseas Bank (IOB). Prior to his appointment as the Chairman & Managing Director of IDBI Bank, he was posted as Executive Director, Bank of India. In his long stint with IOB, which spanned over three and a half decades, Shri Raghavan held important positions in areas of Credit, Operations and Information Technology. His professional expertise encompasses the areas of Human Resources Management, Risk Management, Corporate Credit, Information Technology and Compliance. As General Manager IT, IOB, he helped the Bank implement Core Banking Solution (CBS) across all its branches. Shri. Raghavan’s contributions to the banking system, especially with regard to IT, is widely acclaimed by the industry.

P. Sitaram

B. Batra

Shri. B.K. Batra is Deputy Managing Director, Executive Director of IDBI Bank Ltd. He is a B.Com (Hons.) graduate from Shri Ram College of Commerce, New Delhi and CAIIB from the Indian Institute of Bankers. He also holds a MBA degree from the Faculty of Management Studies, Delhi, and a CFA degree from the Institute of Chartered Financial Analysts of India, Hyderabad. Shri. Batra joined IDBI Bank’s predecessor entity – IDBI, the DFI – in 1983 as Industrial Finance Officer and served in all major departments of the Bank in various capacities. His professional expertise particularly resides in the critically important areas of Project (including Infrastructure) Finance and Corporate Banking. He has been appointed as the Bank’s Deputy Managing Director from January 13, 2012. He is also on the Boards of IDBI Capital Market Services Ltd., IDBI Mutual Fund Trustee Co. Ltd., IDBI Intech Ltd. and Stressed Assets Stabilisation Fund.

Melwyn Rego

Shri. Melwyn O. Rego has been appointed as Deputy Managing Director, Whole-Time Director of IDBI Bank Ltd., effective August 20, 2013. Shri Rego is currently looking after Infrastructure Corporate Group, Project Appraisal Department, Debt Syndication, Structuring & Advisory Department, Treasury and International Banking. He is also a Member of several committees of the Bank including the Credit Committee, Systems & Procedures, Products & Staff Suggestions Committee, Investment Committee, Asset Liability Management Committee etc. Shri Rego has served IDBI Bank in various positions from 1984 till date. From September 2003 to December 2007, Shri Rego was CEO & Managing Director of IDBI Homefinance Ltd. In January 2008, he took over as Head-International Banking Division to spearhead IDBI Bank's overseas initiatives. Shri Rego has international experience and was a rank holder at a programme on International Capital Markets at Oxford University, UK. He has also participated in several seminars including those organized by EDI/World Bank at Washington. Shri Rego is a B.Com from BMCC College, Pune (affiliated with the Bombay University) and an MBA from Symbiosis Institute of Business Management, Pune. He is a keen sportsman and has a passion for music and dramatics.

R. Bansal

Shri. R. K. Bansal is Executive Director of IDBI Bank Ltd. He is a Chartered Accountant and CAIIB by qualification, has around 30 years of experience in IDBI Bank, after joining the DFI avatar of the Bank as Management Trainee. During this period, he worked in various functional areas, such as Treasury, Investments, Finance & Accounts (CFO), Project Appraisal, Resources, Recovery, Retail Banking, among others. He was involved in setting up IDBI Asset Management Co. and IDBI Mutual Fund Trustee Co. He oversaw the merger of the two Bank subsidiaries, viz. IDBI Homefinance Ltd. & IDBI Gilts Ltd. He was also a member of the Task Force for integration of United Western Bank Ltd. with the Bank. He currently heads the Bank’s Priority Sector Group (Agri and MSE), Financial Inclusion, Recovery, Legal and CDR Cell.

Viney Kumar

Shri. Viney Kumar is Executive Director of IDBI Bank Ltd. He is a graduate in Chemical Engineering from Punjab University and a qualified CAIIB. He also has a Masters Degree in Financial Management from Jamnalal Bajaj Institute of Management. He joined the erstwhile Industrial Development Bank of India (IDBI) in August 1983. Since 2003, he has, at various times, headed the Infrastructure Finance, Corporate Banking and Transaction Banking functions, dealing with the Bank’s Mid and Large Corporate relationships. Prior to that, he was also in charge of the Bank’s branch and regions, mainly in the West and the South, in various capacities. His current responsibilities comprise the Corporate Banking and Focused Asset Management Group of the Bank.

B. Ravindranath

Shri. B. Ravindranath is Executive Director of IDBI Bank Ltd. He is a rank holder from the M.G.M. College, Udupi, earned a degree in Mechanical Engineering with distinction from the Regional Engineering College, Surathkal. He joined IDBI Bank’s predecessor entity-IDBI, the DFI- in 1982 as an Industrial Finance Officer. As an Executive Director, he was instrumental in setting up the Bank’s Small and Medium Businesses and Agri Business Departments. Currently, he is in charge of the Bank’s Corporate Strategy and Communications Department, Transaction Banking Group, Centralized Operations, Branch Operations Support and Policy Department, Finance & Accounts Department, Strategic & Associate Investment Cell. He is also the Non-executive Chairman of the Stock Holding Corporation of India Limited.

S. K. V. Srinivasan

Shri. S.K.V. Srinivasan is Executive Director of IDBI Bank Ltd. He is a graduate in Engineering with professional qualification in Finance (PGDBM) and Banking (CAIIB). He has over three decades of commercial banking experience, covering Transaction Banking, Mid-Corporate, SME, Personal and Agri business. Shri Srinivasan started his career in Bank of India, serving in various capacities in branches and administrative offices across the country and rose to the position of Chief Officer. Since joining IDBI’s erstwhile Banking subsidiary- IDBI Bank- in 1997, which merged into the parent entity in 2005, he has successfully led the Bank’s business across all the above segments in various capacities, including as the Regional Head, Vertical Head and Executive Director. As Executive Director, he currently spearheads the Retail Banking, Administration, Facilities and Infrastructure Management functions of the Bank.

Pawan Agrawal

Snehlata Srivastava

Ms. Snehlata Srivastava has been appointed as Non-Executive Director of IDBI Bank Ltd., effective January 11, 2013. A Post Graduate in Geography and an M. Phil in Regional Planning and Economic Growth, Smt. Shrivastava belongs to the 1982 batch of Indian Administrative Service (IAS) from the Madhya Pradesh Cadre. She held senior positions in the MP Govt., including as Deputy Secretary (Energy Dept.), Addl. Secretary (Finance), Executive Director (Mines & Minerals), Principal Secretary (Higher Education and Science & Technology) and Chairperson (Education Dept.). She also held different positions in the Central Government. She is on the Board of General Insurance Corporation of India and IDFC Ltd. in her offcial capacity. Currently, she is posted as the Additional Secretary, Dept. of Financial Services, Ministry of Finance, Government of India.

Ninad Karpe

Shri. Ninad Karpe is Independent Director of IDBI Bank Ltd. He is the Managing Director & CEO of Aptech Ltd. He is a B.Com, LLB (Gen.) degree holder and is a FCA. Prior to joining Aptech Ltd., he held the position of MD in CA India where he was responsible for extending the Company’s technology reach and building strategic partnerships with leading Indian IT players. He has authored books on Taxation and led seminars and events on Foreign Investment and Strategy in India. He is on the Boards of BNP Paribas Asset Management India Pvt. Ltd., Savita Oil Technologies Ltd., Maya Entertainment Ltd. and India SME Asset Reconstruction Co. Ltd. as Independent Director.

Subramanian Ravi

Shri. Subramanian Ravi is Independent Director of IDBI Bank Ltd. He holds a B.Sc. and M.Com degrees and is a FCA; he is also pursuing Ph.D from the Centre for Management Studies, Jamia Millia Islamia University, New Delhi. Shri Ravi garnered wide exposure in the banking sector due to his directorship on the boards of various public sector banks, including Union Bank of India, Corporation Bank, Dena Bank, UCO Bank and Punjab & Sind Bank. He also has experience in the financial sector across Mutual Fund, Home Finance, Venture Capital Fund and Capital Market Activities. He is currently on the Boards of Mahindra Ugine Steel Company Ltd., IDBI Capital Market Services Ltd., UTI Trustee Company Pvt. Ltd., LIC Housing Finance Ltd., Religare Housing Development Finance Corporation Ltd., among others.

P. Shenoy

Pankaj Vats

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