Mr. Chandra Shekhar Ghosh

Managing Director & Chief Executive Officer

Mr. Ghosh has been one of foremost proponents of microfinance in India. He has more than 30 years of experience in the microfinance and development terrain. He founded Bandhan in 2001 as a not-for-profit enterprise that stood for financial inclusion and women empowerment through sustainable livelihood creation. He was on the forefront of its transformation into an NBFC-MFI and finally a universal bank in August 2015.

Mr. Ghosh is the Past Chairman, Confederation of Indian Industry (CII), Eastern Region. He is also Past Chairman of CII’s Economic Affairs, Finance & Taxation Committee, presently a Member at the same. He also Co-Chairs the Financial Inclusion Committee of Federation of Indian Chambers of Commerce and Industry (FICCI). He is the Past President of the Bengal Chamber of Commerce and Industry (BCC&I). Mr. Ghosh was elected as ‘Senior Ashoka Fellow’ in 2007 by Ashoka Foundation (social entrepreneurship award). An M.Sc. in Statistics, he also attended the HBS-ACCION programme on Strategic Leadership at Harvard Business School in April 2006. He has completed a Certification Programme in IT & Cyber Security conducted by Institute for Development and Research in Banking Technology (IDRBT), established by the Reserve Bank of India.

Dr. Allamraju Subramanya Ramasastri

Independent Director

Dr. Ramasastri has been on the Board since August 08, 2018. He is presently the Director of Institute for Development and Research in Banking Technology, and is widely known for his commendable domain knowledge in Banking technology such as cyber security, analytics, cloud computing, payment systems, in addition to his other areas of expertise. Prior to joining the Institute, he was the Chief General Manager-in-charge of Department of Information Technology at RBI. In the RBI, he had spearheaded many important projects including the implementation of the Next Generation RTGS, adoption of XBRL and ISO 20022 and preparation of IT Vision of RBI for 2011-17.

He has authored two books titled ‘Quantitative Methods for Valuation of Assets’ and ‘Quantitative Methods for Banking and Finance’. He had also guided the Bank of Mauritius, Bank of Malaysia and Bank of Uganda on implementation of Data Warehouse, XBRL, etc., and delivered talks on standards and technology for data reporting at the International Monetary Fund and Bank of International Settlements. Currently, he is on the Boards of IDBI Intech Limited, Data Security Council of India and Indian Institute of Banking and Finance.

Dr. Ramasastri, holds a Ph.D. in Finance from the Indian Institute of Technology, Madras and was the top ranker in M.Sc. (Statistics) from Madras University and B.Sc. (Statistics) from Loyola College, Madras. He also attended Advanced Management Programmes at the University of Oxford and Kellogg School of Management.

Mr. Bhaskar Sen

Independent Director

Mr. Sen retired as the Chairman and Managing Director (CMD) of United Bank of India. During his tenure as CMD, United Bank of India got listed and went through a major transition, particularly in the areas of systems, processes and corporate governance. He also served as the Executive Director of Dena Bank where he took major initiatives in IT and put the Bank on a robust CBS platform.

He started his career as Probationary Officer with Union Bank of India in the year 1974 and went on to become the General Manager. During his stint there, he handled General Banking, Rural Banking, treasury functions and overseas expansion. He was also on the Board of FIMMDA, National Insurance Company Limited, Industrial Investment Board of India (as CMD) and West Bengal Financial Corporation. He was also the Deputy Chairman of Indian Banks’ Association (IBA), Mumbai. Mr. Sen is an honours graduate from University of Calcutta and a CAIIB.

Mr. Chintaman Mahadeo Dixit

Independent Director

Mr. Dixit is a Chartered Accountant. He has on the Board since July 09, 2015. He is also a Senior Partner in GD Apte & Co., Chartered Accountants. He has over 39 years of professional experience in finance and accountancy sector. He has been very actively associated in the audits of very big Public Sector Undertakings, Public and Private Limited Companies, Nationalised and Scheduled Banks, NBFCs, LIC and Co-operative Banks. He rendered consultancy services to Public sector Banks in the areas of turnaround strategies, restructuring, takeover, investigation, etc.

He was on the Boards of Dena Bank, Indian Bank, Hindustan Antibiotics Limited and Stock Holding Corporation of India. Currently, he is on the Boards of SBI Pension Funds Private Limited, GDA Management Consulting Private Limited and SBI DFHI Limited.

Mr. Harun Rasid Khan

Independent Director

Mr. Khan has been on the Board since March 27, 2019. He retired as the senior Deputy Governor of RBI in July 2016, after nearly 38 years of service, holding different responsible position. While serving at RBI, Mr. Khan had handled diverse areas and spearheaded major projects relating to financial markets, payment and settlement systems, financial inclusion, foreign exchange management, banking regulation and supervision. He has overseen some of the major projects of RBI like establishment of CCIL, Core Banking Solutions, revamping of NEFT, introduction of UPI for retail payment, etc.

He has been the nominee Director of RBI on the Board of the Bank of Rajasthan, Bank of Maharashtra, Dena Bank, NABARD and National Housing Bank. He has also chaired and associated with various important Committees in the financial sector such as Committee on Rural Credit and Micro Finance, Inter Regulatory Corporate Debt Woking Group and Committee in Digital Payments. Currently, he is a Senior Advisor (part-time) with KPMG India, Non-Executive Chairman of NSE Clearing Limited and on the Board of India Mortgage Guarantee Corporation Private Limited as nominee of Asian Development Bank. He is also the Chairman of the Steering Committee on the Code for Responsible Lending (CRL) set up by MFIN and Sa-Dhan.

Mr. Khan is an M.Phil. from Jawaharlal Nehru University, a PGDM graduate from Narsee Monjee Institute of Management Studies and a CAIIB with a long career in Reserve Bank of India.

Dr. Holger Dirk Michaelis

Nominee Director (Caladium Investment Pte. Ltd.)

Dr. Michaelis is currently a Senior Vice President of GIC Private Limited, overseeing portfolio, strategy and risk group. He has extensive experience in private equity and as a strategic adviser to financial services companies.

Previously, he was a Partner at the Boston Consulting Group where he worked in Germany and China.

Dr. Michaelis pursued his post-graduation in Business Administration (Finance) from UT Austin, USA and holds a doctorate degree in Economics from WHU Koblenz, Germany.

Mr N V P Tendulkar

Additional Director (Independent)

Mr. Tendulkar is a qualified Chartered Accountant in (1981) and Company Secretary (1987). He has more than 37 years of experience in Finance, General Management & Operations in IT, Telecom, Manufacturing industries with American & European based multinational organizations with ability to resolve successfully multi-dimensional, dynamic & challenging issues of the Companies.

He has been an Executive Director of Hewlett Packard Enterprise India Limited for almost 14 years. He was also associated with many IT Companies including Tata Telecom, AT & T, USA, Digital Global Soft etc. Currently, he is an Independent Director of Centrum Capital Limited and Corporate Catalysts India Private Limited.

Mr Tendulkar is the recipient of CFO 100 Roll of Honor in 2012 and 2016 award from 9.9 Media, Best CFO of HP worldwide, CNBC TV 18 CFO awards and many more.

Mr. Ranodeb Roy

Non-Executive Non-Independent Director

Mr. Roy is the co-founder and CEO of RV Capital Management Private Limited, an asset management company based in Singapore that he founded in November 2011.

He started his career with Bank of America in 1992 in Mumbai. He has worked at Merrill Lynch and at Morgan Stanley (Asia) Singapore Pte. as a Managing Director in the Fixed Income Division.

He holds an MBA from IIM, Ahmedabad, with a major in Finance and Marketing and a B.Tech. in Computer Science & Engineering from IIT, Kanpur.

Mr. Santanu Mukherjee

Independent Director

Mr. Mukherjee has been on the Board since January 07, 2019. He is the former Managing Director of the erstwhile State Bank of Hyderabad, an associate bank of country’s largest lender State Bank of India. He has around four decades of experience in the field of banking, finance, risk management, etc. in various capacities. From 2013 to mid of 2014 he was acting as Chief General Manager of State Bank of Bikaner and Jaipur. He has also worked as a Chief Executive Officer of State Bank of India, Paris from 2004 to 2008. He joined as a probationary officer and carried out important domestic and overseas assignments in the SBI Group.

Currently, he is also on the Boards of Donear Industries Limited, Muthoot Housing Finance Company Limited, Suven Life Sciences Limited, Sumedha Fiscal Services Limited and Aeries Financial Technologies Private Limited. He is also on the Board of Governors of the Institute of Management and Technology Hyderabad.

Mr. Mukherjee, is an B.Sc., honors from Presidency College under the University of Calcutta and CAIIB from the Indian Institute of Bankers.

Mr. Sisir Kumar Chakrabarti

Independent Director

Mr. Chakrabarti has been on the Board since December 23, 2014. He retired as Dy. Managing Director of Axis bank in 2011 after serving the Bank in various capacities in several locations for 17 years. Before joining Axis Bank, he started his career as an officer with State Bank of Bikaner & Jaipur and worked for 21 years. He was also a member of Committee of Directors of Axis Bank & Chairman of Audit Committee of Executives. He was Chairman of Axis Sales & Securities Limited and Nominee Director of Experian Credit Information Services Limited and Busan Auto Finance Limited.

Currently, he is an Independent Director on the Board of Merino Industries Limited and Merino Panel Products Limited.

Mr. Chakrabarti is a Graduate (Hons. in English Literature) and a Certified Associate of Indian Institute of Bankers. He has significant experience in the banking industry.

Mr. Snehomoy Bhattacharya

Independent Director

Mr. Bhattacharya has 36 years of experience in the banking industry of which he spent equal time in the public and private sectors. He served as a Director on the Board of Axis Private Equity Limited. Subsequently, he was an adviser to Axis Bank on Leadership Development and Talent Management.

A qualified Cost Accountant, he started his career with State Bank of Bikaner and Jaipur as Probationary Officer and reached the level of Chief Manager, International Banking. Thereafter, he moved to Axis Bank as Vice President and held various positions including that of the Executive Director (Corporate Affairs), where he oversaw the functioning of the human resources, compliance, internal audit, legal, corporate communications and corporate infrastructure departments. He was also the Head of Human Resources, and the Chairman of the Audit Committee of Executives at Axis Bank.

Ms. Thekedathumadam Subramani Raji Gain

Independent Director

Ms. Gain, is currently an Executive Director at Bankers Institute of Rural Development (BIRD).

She has significant experience in the field of agricultural and rural development. She has worked in various capacities in NABARD where she was involved in capacity building and conducted programmes on organisational and institutional development, microfinance, self-help groups, gender and participatory management. She is a postgraduate in Agricultural Physics from Indian Agricultural Research Institute, New Delhi.

Mr Vijay N Bhatt

Additional Director (Independent)

Mr. Vijay N Bhat is a qualified Chartered Accountant (1984) and Bachelors in Law (Gen) (1986). He has 35 years of experience in large, medium and small Indian and Multinational businesses. Being in the audit profession, he has a good understanding of the business environment, business risks, controls, accounting and financial reporting issues relevant to businesses operating in India.

He was with KMPG for over 10 years (Senior Independent Director), with E&Y for 2 years and with R S M & CO., Chartered Accountants for 19 years and with few months with Lovelock Lewis. He was associated as member of various committees of the Institute of Chartered Accountants of India like: 1. Accounting Standard Board, 2. Audit Standard Board, 3. Information Technology Committee, 4. Financial Reporting Review Group, 5. Professional Development Committee of WIRC.

Currently, he is on the Board of Qontrac Prints Private Limited.