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Board of Directors of Indian Bank

Mr. T.C. Venkat Subramanian
Non Executive Chairman
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Mr. Kishor Kharat
Managing Director & Chief Executive Officer
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Mr. A S Rajeev
Executive Director
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Shri M.K.Bhattacharya
Executive Director
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Shri. Amit Agrawal
Government Nominee Director
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Mr. J.K. Dash
RBI Nominee Director
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Mr. Vijay Kumar Goel
Non Official Director
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Mr. Padmanaban Vittal Dass
Non-Official Director
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Mr. Vinod Kumar Nagar
Shareholder Director
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Dr. Bharath Krishna Sankar
Shareholder Director
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Mr. Salil Kumar Jha
Part time Non-official Director
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Last updated: June 01 2018

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Shri T C Venkat Subramanian, aged 67 years, was appointed as Non- Executive Chairman and Non-Official Director of the Bank with effect from August 14, 2015. He holds bachelor degree in electrical engineering ( B.E.) from Madras University and is a Certified Associate of Indian Institute of Bankers. He has over 37 years of professional experience in financial sector which includes commercial banking, industrial finance, export and international finance. He had served as Chairman and Managing Director of Export-Import Bank of India (EXIM BANK) for a tenure of eight and half years and retired in October 2009. Prior to joining Exim Bank in 1982 , he had worked in IDBI and Bank of India. He had also undertaken brief consultancy assignments for setting up an Exim Bank in Turkey and Export Development Fund in Armenia. He was also the honorary President of the Global Network of Exim Banks and Development Financial Institutions ( GNEXID) , Geneva under the auspices of UNCTAD for a period of three years. Currently , he is an independent, non executive director on the Boards of LIC MF Trustee Company Pvt Ltd., STCI Finance Ltd, Investec Capital Services ( India) Pvt Ltd. He is also on the Board of Foundation for Organisational Research and Education (FORE) New Delhi ( Trust) which runs the FORE School of Management.


Mr Amit Agrawal, was nominated as the Govt. of India Nominee Director of Indian Bank from 5 th April 2018. He is a member of the Indian Administrative Service since 1993. Since 2016, he is serving as Joint Secretary to the Government of India in the Ministry of Finance, Department of Financial Services. An alumnus of Indian Institute of Technology Kanpur, he has served in top positions in the Government of India and the State Governments of Chhattisgarh and Madhya Pradesh, broadly in the areas of finance, technology and technical education. His earlier charges include that of Director in the Prime Minister’s Office; Adviser and Director in the Office of Prime Minister’s Economic Advisory Council; Officer on Special Duty with the Chairman of the National Innovation Council; head of various state government departments and agencies; and head of district-level local governments.


Shri Kishor Kharat, aged 59 years, assumed charge as MD & CEO of Indian Bank on April 04, 2017. Prior to this, he was MD & CEO of IDBI Bank Limited since August 14, 2015. He was the Executive Director in Union Bank of India from March 10, 2015 till his elevation as MD & CEO of IDBI Bank Limited. He is a Graduate in Commerce and Law and is a Certified Associate of the Indian Institute of Bankers. He also holds a Degree of Master of Business Administration. He started his professional banking career with Bank of Baroda where he had a long, successful stint of over 37 years. While in Bank of Baroda, he was credited with the establishment of a Foreign Subsidiary of the Bank in Trinidad and Tobago, West Indies and he headed the Subsidiary for more than three years. During his service in Bank of Baroda, he had wide banking experience and exposure in various crucial aspects which include Credit, International Business, Information Technology and General Administration, both within India and abroad. He was a Member of RBI Committee on Financial Inclusion, which was given the responsibility of drawing a medium term roadmap for furthering Financial Inclusion in India. He has also held Alternate Chairmanship of IBA Standing Committee on Financial Inclusion, Risk Management and Basel Implementation. Presently, he is a Member of the Managing committee of IBA. He is also a Member of the CII National Committee on Banking, Member of the Insurance Advisory Committee of IRDAI, Member of the Governing Board of NIBM and PGDM Executive Council of NIBM, Member (Director) of Governing Council of IIBF. He is also conferred with Honorary Fellowship by Indian Institute of Banking & Finance in recognition of his contribution in the field of banking and finance.


Shri A S Rajeev, aged 53 years, assumed charge as Executive Director of the Bank on January 22, 2016. Prior to joining Indian Bank he was General Manager and CFO of Vijaya Bank. He is a Fellow Member of the Institute of Chartered Accountants of India and holds Diploma in Information System Audit from ICAI, Masters Degree in Business Administration and CAIIB. He has handled Finance, Accounts and Taxation, Planning and Development, International Banking / Treasury, Vigilance and Credit Monitoring and Supervision of the Bank. He also headed Chennai and Bangalore North Regions of Vijaya Bank. Before joining Vijaya Bank, he has worked with Indian Bank and Syndicate Bank. He has attended various Seminars and Training Programmes at well reputed Institutions / Organizations in India and abroad.


Shri 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.


Ms. Mudita Mishra, aged 45 years, was appointed as the Government Nominee Director of Indian Bank w.e.f. January 07, 2016. She is a civil servant of 2001 batch, belonging to Defence Production Services (IOFS). She holds management degree in Finance along with certifications in Human Resource from XLRI, and Bachelors degree(B.E.) in Electronics engineering. She has approx. two decades of administrative experience in defence, finance and other specialised domains of Government of India. She is presently Director, Department of Financial Services, Ministry of Finance, Government of India. She is also on the board of Oriental Insurance Company Ltd(OICL) and a government nominee for State Level Bankers Committee for the State of Karnataka.


Shri 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.


Shri 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.


Shri Padmanaban Vittal Dass, aged 67 years, was nominated as a Part Time Non Official Director on the Board of the Bank by Government of India, for a period of three years with effect from April 25, 2016. 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). He joined IRS (Customs and Central Excise) in 1974 as Assistant Collector. He was in the services of Government of India between July 22, 1974 and May 31, 2010. At the time of retirement in 2010, he was a Member (Personnel and Vigilance), Central Board of Excise and Customs /Special Secretary, Ministry of Finance, Govt of India. While in service, he had worked in different parts of the country in Customs, Central Excise, Service Tax, in various wings like, Antismuggling Intelligence, Investigation Administration and Vigilance in the field offices as well as in the Head Quarters offices. 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.


Shri 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.


Shri Sriram Ramachandran aged 37 years, was elected as Shareholder Director of Indian Bank for a period of 3 years from July 01, 2014. He is a practicing Chartered Accountant. He is a Fellow Member of the Institute of Chartered Accountants of India, FCCA (UK), CIMA (UK) and also a Diploma holder in Information System Audit. He has around 16 years experience comprising of Risk advisory consulting, auditing, tax advisory, Functional consulting for ERP implementation and financial advisory while in service with Deloitte, Infosys Technologies etc. Currently, he is a Partner in M/s Sriram Ramachandran Associates, Chartered Accountants, Chennai, which has two offices across India providing auditing, taxation, consultancy and financial management services to domestic and international clients across various business sectors.


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


Shri 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.