INDIAN BANK - Key Persons

Job Titles:

• Director
• Shareholder
• Shareholder Director )

Dr. Bharath Krishna Sankar aged 52 years from Madurai is a post graduate in Commerce, a national gold medalist (topper in both Inter and Final) in Chartered Accountancy and an Associate of the Institute of Cost and Management Accountants of India. His doctoral thesis is on "Determinants of entrepreneurship and its impact on MSME sector sustainability in Madurai District" He has rich experience in Business Management, Finance and HR & Training

Job Titles:

• RBI Nominee Director

Mr. J K Dash, aged 51 years, was appointed as the RBI Nominee Director of Indian Bank by the Government of India from November 16, 2016. He holds Master's degree in Economics. He is presently the Regional Director of Reserve Bank of India, Ahmedabad. He has risen to the present position with the Central Bank of the country after a few decades of service with the Regulator.

Job Titles:

• Executive Director

Mr. M.K.Bhattacharya, aged 56 years, was appointed as the Executive Director of Indian Bank on February 16, 2017. He holds M.Com and CAIIB. He is an Associate Member of Institute of Cost and Works Accountant (AICWA). He joined State Bank Group as Probationary Officer in 1985 and was posted to State Bank of Mysore and had a stint there at various levels up to Assistant General Manager. He was promoted to DGM Cadre in 2010 and moved to State Bank of Hyderabad. On promotion to GM Cadre in 2013, he moved to State Bank of Travancore (SBT) and held various assignments and got promoted to Chief General Manager in 2016. During his stay at State Bank group he headed the branches at various scales and is having wide experience as Branch Head (22 years), Regional Head (1 year) and Module Head (3 years) spanning across India. While serving in SBT, he had also played role as Chief Risk Officer of the Bank and engaged in other assignments viz., General Manager-Business Strategy, Retail Banking, NRI Banking, Controlling foreign offices of the Bank.

Job Titles:

• Official Director

Shri Padmanaban Vittal Dass, aged 69 years, has been re-nominated as a Part Time Non-Official Director on the Board of Indian Bank by Government of India, vide notification dated 21.10.2019. He was a Board member of Indian Bank as Part time Non-official Director from 25.04.2016 to 24.04.2019. Born at Kumbakonam, Tamil Nadu, on 2nd May 1950, he had his initial education at Kumbakonam and Thiruvidaimarudur and pursued UG and Post Graduation in Economics at St Joseph's College, Trichy (Madras University). He did LL.B from Gujarat University later on, while in Indian Revenue Service (IRS). Shri Padmanaban Vittal Dass was in the services of Government of India between 22nd July 1974 and 31st May 2010 and retired as Special Secretary in 1986. During his official career spanning over 35 years with Government of India, Shri Padmanaban Vittal Dass has served at different geographical locations in the country like New Delhi, Ahmedabad, Bhopal and Mumbai. He received The President of India Award for Specially Distinguished Record of Service, on the Republic Day of 1991. He has visited various Customs formations abroad for familiarisation on Anti Smuggling Risk management, etc. After superannuation from Central Government Service, he was nominated as a Member (Personnel & Vigilance) in the Central Board of Excise & Customs. He is an Independent External Monitor for Chennai Petroleum Corporation and Unique Identification Authority of India (UIDAI).

Job Titles:

• RBI Nominee Director

Job Titles:

• Director
• Part - Time Non - Official Director

Mr. Salil Kumar Jha was appointed as Part-time Non-official Director with effect from 27 th Dec 2017. He is a Mechanical Engineer (Topper & Gold Medalist) from NIT Jamshedpur and completed his MBA from FMS Delhi. He is the former Managing Director of Hindustan Aeronautics Ltd, a Navratna PSU and biggest defence company of India. He was also a part time Chairman / Director of Five Joint Ventures of HAL. Prior to joining HAL, he also worked with Engineers India Ltd & NTPC. He was instrumental in setting up a state of the art Strategic Electronic Factory at Kasargod, Kerala. He formed strategic ties with global defence players to bring in latest cutting edge technologies to India. R&D centres under him developed a number of new systems and filed record number of patents. New markets were also explored during his tenure. His policies like migrating from in-house manufacturing to outsourcing and moving from Transfer of Technology to risk sharing partnerships increased the general productivity and profitability of the organisation. Divisions under him received the Raksha Mantri Award for best performing division among all PSUs & ordinance factories under Ministry of Defence, twice.

Job Titles:

• Official Director

Mr. Vijay Kumar Goel, aged 52 years, was appointed as Chartered Accountant Director of Indian Bank from July 26, 2016. He holds B.Com (Hons), and FCA. He is a practicing Chartered Accountant. He is a member of PHD Chamber of Commerce & Industry and FICCI. He has founded a Society for Development of Infrastructure and Entrepreneurship. Policy development issue on Solar Power are being taken up with Government besides extending strategic advice on the Solar Power Sector. He has undergone professional programmes like (i) Special Management Programme leading to MBA from IIM, Kolkata, (ii) Venture Capital Development Programme of ISB, Hyderabad, (iii) Infrastructure Development & Financing from IIM, Ahmedabad, and (iv) Programme on PP & Infrastructure at IIM, Ahmedabad. He has expertise in Audit, Due Diligence, Corporate Restructuring, Project Financing, Working Capital Finance and Management Consultancy. He is an Advisor to a large US-based Private Equity Investors in Renewable Energy Sector and has conducted Statutory Audit of large banks like SBI, Bank of Baroda etc.

Job Titles:

• Shareholder Director )

Mr. Vinod Kumar Nagar, aged 65 years, was re-elected as a Shareholder Director of Indian Bank for a period of 3 years from July 01, 2017. Earlier, he was a Shareholder Director on the Board for a three year term from July 01, 2014. He is a retired Executive Director of Syndicate Bank. He is a B. TEXT, Post Graduate Diploma holder in Marketing and Sales Management and also MBA. He was a career banker with more than 25 years banking experience. Prior to joining Syndicate Bank, he worked in Punjab National Bank as Chief General Manager, New Delhi. He had worked continuously in No.1 position as Regional Manager, RRB Chairman and as Zonal Manager for several years. He was a Member of all important committees in Punjab National Bank such as Credit Committee, Investment Committee, Human Resources Management Committee, Steering Committee for CBS implementation and Apex level Compromise Committee. Consolidation of RRBs in various States took place under his supervision. He was also a Member of various important Committees such as IBA Sub-Committee on Financial Inclusion, Thorat Committee on RRBs' functioning, RBI Empowered Committee on SME for the State of Punjab, Apex Committee formed by Ministry of Finance to review the efficacy of revised procedure in Non-Civil Ministries/Departments, Standing Committee formed by Ministry of Finance to review the handling of Government Transactions by banks accredited to Civil Ministries/Departments, etc.

Job Titles:

• CEO
• Managing Director
• SBI in 1984 As a Probationary Officer

Ms Padmaja Chunduru has assumed charge as Managing Director & CEO of Indian Bank on 21st September 2018. Prior to this, she was Deputy Managing Director (Global Markets), State Bank of India, Corporate Center, Mumbai. A Post Graduate in Commerce from Andhra University, and CAIIB, Ms Padmaja joined SBI in 1984 as a Probationary Officer. In a career spanning more than 3 decades, with postings in India and USA, she gained rich experience in corporate lending and Credit management, Retail operations and Digital Banking, Treasury and International operations. As DMD, Ms. Padmaja headed the Global Markets and Digital Banking verticals in SBI. Prior to assuming the role of DMD, she was the Country Head of the Bank in USA between September 2014 and August 2017. During this tenure, she handled the responsibilities of designing and overseeing strategic planning, business activity, risk management and compliance in the US Offices of SBI in New York, Chicago and Los Angeles. She was instrumental in driving local US business through both syndicated and bilateral loans to US Corporates. She maintained good relationship with FRB, FDIC and State Regulators. Ms Padmaja was also Vice-Chair of Board of Directors and Chair of EC of SBI (California), a US-based subsidiary bank of SBI. She headed the Combined US Ops Risk Committee constituted under Dodd Frank Act. She was on the Banking committee of USIBC and a member of the Board of Trustees of the International Bankers Association New York, Asia Society New York and the Pacific Rim Bankers Group, San Francisco. Earlier, Ms. Padmaja was General Manager of Corporate Accounts Group in SBI between October 2012 and August 2014, when she established the CAG-BKC office of SBI. She played a key role in establishing and managing relationships with large India conglomerates. She was responsible for the underwriting of new loans, maintenance of asset quality and compliance with regulatory guidelines. Prior to this, she was DGM, Mid-Corporate Group from October 2008 till September 2012 and headed the Diamond branch and later, the Commercial branch in Mumbai. In her first overseas stint, Ms. Padmaja joined SBI Los Angeles Agency, in USA, in September 2001 as Vice President (Credit & Operations) and completed the assignment in February 2006 as its CEO. During this tenure, she led the business growth, management and operations of the federally regulated Agency in California. Presently, Ms. Padmaja Chunduru is a member on the Board of Life Insurance Corporation of India while serving as a Director on the Board of the New India Assurance Company Ltd. She is also a member in the Managing Committee of Indian Banks Association and a member of the Insurance Advisory Committee of IRDAI.

Job Titles:

• Executive Director
• Member of the Board of Directors

Job Titles:

• Executive Director

Shri K. Ramachandran has assumed the office of Executive Director of Indian Bank on 1st April, 2020, subsequent to Amalgamation of Allahabad Bank into Indian Bank He has taken charge as Executive Director of Allahabad Bank with effect from 26th December 2018. He is a Post Graduate in Science with Post Graduate Diploma in Computer Application. He joined Corporation Bank as Probationary Officer in May 1985 and had worked in Branches, Corporate Office and other Controlling Offices. He was part of the core team involved in the design, development and implementation of the total Branch Automation, Internet Banking and Mobile Banking application of Corporation Bank. As Asst. General Manager, Priority Sector he had implemented the voice enabled Point of Transaction, Hand Held Terminals used by Business Correspondents. Shri Ramachandran held independent charge of Alternate Channels, Credit Monitoring verticals and had headed Thane Zone of Corporation Bank. On elevation to General Manager Cadre, he was heading Chennai Circle of Corporation Bank from April 2016.

Job Titles:

• Chief Executive Officer
• Managing Director
• Member of the Board of Directors
• & CEO )

Shri Shanti Lal Jain assumed charge as Managing Director and Chief Executive Officer of Indian Bank on 1st September 2021. Prior to this, he served as Executive Director of Bank of Baroda since September 2018. As Executive Director in Bank of Baroda (BoB), he played a pivotal role in the amalgamation process of Vijaya Bank and Dena Bank with Bank of Baroda. He was overseeing Large Corporate Credit, Stressed Assets and International Banking in BoB. He was also serving as Nominee Director /Chairman in the subsidiaries of BoB in Uganda, Tanzania, Baroda Global Shared Services (BGSS) etc. A Post Graduate in Commerce, with Professional Qualification of Chartered Accountant, Company Secretary and CAIIB, he joined Allahabad Bank in 1993 in Middle Management cadre and rose up to the level of General Manager of the Bank. As a General Manager, he has served as Chief Financial Officer, Chief Risk Officer and headed IT department of the Bank. He has also headed Agra Zone as Zonal Manager and as Field General Manager (West) Mumbai. Earlier to this, he has served in several branches and administrative offices of the Bank. Prior to joining Allahabad Bank, he worked in various Industries for about 6 years. Shri. Jain has banking experience of about 28 years and industrial experience of about 6 years.

Job Titles:

• Executive Director
• Member of the Board of Directors

Mr. Shenoy Vishwanath V, assumed charge as Executive Director of the Bank on December 01, 2018. Is a Commerce Graduate from Mumbai University. Joined as Probationary Officer in Union Bank of India on 17th January, 1985. Is also an Associate Member of Indian Institute of Bankers and successfully underwent one year Management Education Programme conducted internally by the Union Bank of India. Is a career banker since last 35 years. Has worked in Branches in Rural, Semi Urban, Urban and Metro centres as well as Administrative Offices in different geographies as Branch, Saral, Regional and Vertical Head.. Worked in different verticals like Credit, Vigilance, Transaction Banking, Credit Policy and MSME, Large Corporate as well as Chairman's Secretariat. Was a Core member in Verticalisation and Centralisation of Credit functions. Is also a Nominee Director on the Board of Central Registry of Securitisation Asset Reconstruction and Security Interest of India.

Job Titles:

• Government Nominee Director

Sri Siddiqui has business development background which comes from his strategic positioning as Zonal Manager and Field General Manager in the field for almost 07 years put together in different zones like Kolkata Urban, Barasat and has headed the entire West Bengal and all of the North East states as Field General Manager. He has also worked in various verticals at the administrative offices. At the Corporate level, he has steered the Credit Department and Credit Monitoring Department with his expertise. He was heading the Resources and Government Relationship department at Corporate Office, Chennai before his elevation.