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BOARD OF DIRECTORS

Board of Directors

Mr. Arun Ramanathan, Part-time Chairman
Arun Ramanathan is the Part-time Chairman and Non-Executive Independent Director of our Bank. He holds a bachelor’s degree in science from University of Madras, a master’s degree in nuclear physics from Andhra University, a master’s degree in business administration from University of Madras and a master’s of philosophy degree in economics and politics of development from University of Cambridge. Further, he is an associate member of the Institute of Cost and Works Accountants of India. Prior to his becoming a Director of our Bank, he was a member of the Indian Administrative Service (Tamil Nadu Cadre, 1973). In his stint of more than 34 years of service in the Indian Administrative Service, he held several postings in the Government of India at the level of Secretary in various ministries, including Secretary in the department of Chemicals and Petrochemicals (Ministry of Chemicals and Fertilizers), Secretary in the department of Financial Services (Ministry of Finance) and at superannuation in 2009, the Union Finance Secretary. arun-image
He has served as a director on the boards of several companies including State Bank of India, IDBI Bank Limited, ICICI Bank Limited, India Infrastructure Finance Company Limited, IDFC Limited, Oil and Natural Gas Corporation Limited, Shipping Corporation of India Limited, Tamil Nadu Petroproducts Limited, National Textile Corporation Limited, ONGC Videsh Limited, Titan Industries Limited, United Stock Exchange of India Limited, Indian Clearing Corporation Limited, Jenson and Nicholson (India) Limited, JCT Electronics Limited, Religare Enterprises Limited and L&T Infra Debt Fund Limited. He was a member of the Life Insurance Corporation of India. He has served as chairman of the audit committees of Oil and Natural Gas Corporation Limited and Shipping Corporation of India Limited. He has also served on the Indian advisory council of Daimler (India) Commercial Vehicles Private Limited between 2010 and 2016.    
He is a serving member on the investment committee of the Tamil Nadu Infrastructure Fund Management Corporation Limited and has been included in the panel of outside experts of Oil and Natural Gas Corporation Limited in the finance/commercial category.    
     
Mr. Arun Kumar Verma, Independent Director
Arun Kumar Verma is a Non-Executive Independent Director of our Bank. He has studied commerce from Sambalpur University and law from Utkal University. He is a fellow member of the Institute of Chartered Accountants of India. He has also served as the chairman of the Bhubaneswar branch of Eastern India Regional Council of the Institute of Chartered Accountants of India. He was felicitated for his efforts in the war against corruption by Transparency International India – Orissa Chapter in 2007. He has been a partner at M/s Venkataraman & Verma, since March 1, 1982.    
     
Prof. N. Balakrishnan, Independent Director
Narayanaswamy Balakrishnan is a Non-Executive Independent Director of our Bank. He holds a bachelor of engineering degree in electronics and communication engineering from the University of Madras in 1972 and a doctorate of philosophy from the Indian Institute of Science and an honorary doctorate from Punjab Technical University. He was a professor at the Indian Institute of Science and retired from service in 2015. He is an honorary professor at the Supercomputer Education and Research Centre at Indian Institute of Science.    
He is also an honorary professor at Jawaharlal Nehru Centre for Advanced Scientific Research. He has been awarded the Padma Shri in science and engineering category. He is a fellow at The World Academy of Sciences, National Academy of Sciences, Indian Academy of Sciences and the Indian National Science Academy.    
He also served in the past as a member of the governing council of Centre for Development of Advanced Computing and as a director on the board of Bharat Electronics Limited, Industrial Finance Corporation of India Limited, Bharat Sanchar Nigam Limited and CDOT-Alcatel Lucent Research Centre Private Limited.
 
Mr. Ramesh Rangan, Independent Director
Mr. Ramesh Rangan, brings with him over three decades of expertise in the Banking industry since 1978. He last served as Managing Director, State Bank of Patiala, on deputation from State Bank of India including overseeing the merger of the Bank with State Bank of India, as a part of Banking Consolidation.    
He is a B. Sc. Graduate, Certified Associate of Indian Institute of Banking and Finance and holds Duke’s University Management diploma and a professional degree in Leadership and Corporate Accountability from Harvard Business School.    
He has a wide range of expertise in areas like business Strategy, Consulting, Finance, General Management, Human Resources Development, Retail Banking, Business Development in SME & Agriculture Segment, Reconstruction and Rehabilitation of Advances, Marketing Management (Consumer), Development and Marketing of Innovative Financial Products, Portfolio or Asset Management, Project Management and all other related aspects.     
Mr. Navin Puri, Independent Director
Navin Avinashchander Puri is a Non-Executive Independent Director of our Bank. He holds a master’s degree in business administration from Texas Christian University. He is an associate member of the Institute of Chartered Accountants of India. He has previously worked as a part of the senior management team at HDFC Bank Limited.    
     
Mr. Sridhar Ganesh, Independent Director
Sridhar Ganesh is a Non-Executive Independent Director of our Bank. He holds a post graduate diploma in management from Indian Institute of Management, Calcutta. He was previously the director of human resources of the Murugappa Group. Prior to that he has worked at Cadbury India Limited and at Cadbury Schweppes Plc, based in the United Kingdom.    
     
Mr. Srinivasan N, Independent Director
Narasimhan Srinivasan is a Non-Executive Independent Director of our Bank. He holds a bachelor of arts degree in economics from University of Madras and a master of arts degree in economics from Madurai Kamaraj University. He is a certified associate of Indian Institute of Bankers. Prior to joining our Bank, he has served as the chief general manager at NABARD. He has also served as a director on the board of Belstar Microfinance Private Limited, Sahayaog Microfinance Limited, RGVN (Northeast) Microfinance Limited and Micro Credit Ratings International Limited. He has authored the 'Microfinance India – State of the Sector Report' for the years 2008-2011 published by Access Development Services and has co-authored the State of India's Livelihood Report for the years 2015-2017 published by SAGE.
 
Ms. Tabassum Inamdar, Independent Director
Tabassum Abdulla Inamdar is a Non-Executive Independent Director of our Bank. She is an associate member of the Institute of Chartered Accountants of India. She has experience across firms like Goldman Sachs (India) Securities Private Limited, UBS Securities India Private Limited, Kotak Securities Limited and Jardine Fleming India Broking Limited. She has authored a report titled 'VimoSEWA – A capability assessment of the company's aspiration to build a scalable, sustainable micro-insurer' published by VimoSEWA Cooperative Limited.
 
Mr. Vinod Kumar Sharma, Independent Director
Vinod Kumar Sharma is a Non-Executive Independent Director of our Bank. A B.Sc. in Physics, Pure and Applied Mathematics and an M.Sc. in Physics, he holds an Advanced Studies Certificate in International Economic Policy Research from Kiel Institute of World Economics, Kiel, Germany and is recipient of the prestigious Lord Aldington Banking Research Fellowship and the first RBI Golden Jubilee scholarship for pursuing research and advanced studies abroad. He has had excellent and versatile performance track-record with strong action, outcome, result and delivery orientation in policy making and execution. He has formidable credentials in Financial and Derivatives Analytics and Risk Diagnostics & Risk Management Solutions .  
A career central banker and a former Member of the Markets Committee of the Bank for International Settlements, Basel, Switzerland. Prior to joining our Bank, he has served as the executive director of the RBI and was responsible for 11 mission critical and sensitive Departments covering such diverse areas as Financial Markets, Foreign Exchange Reserves Management, Internal Debt Management, Human Resources, Administration, Currency Management, Rural Planning and Credit, Financial Inclusion, Customer Service, Premises and Regulation and Supervision of Urban Co-operative Banks.   
Several of his research papers, articles and speeches, including one on Eurozone crisis, delivered at European Parliament in Brussels, have been published in leading business news papers, prestigious journals like London's Central Banking and Bank for International Settlements (BIS) Reviews and one on irresponsible and half baked financial innovations ,titled Derivatiff , was covered by The Economist of London in its issue dated 16 February 2013 . Besides, April-June 2015 issue of Vikalpa of IIM . Ahmedabad, carried his paper " The Challenge of Financial Leverage in Modern Banking " .  
He has also served as Chairman/Member/Director of several important Committees/ Working Groups/Governing Boards/Councils/Bank Boards and represented RBI in various prestigious national and international fora. After retirement , he addressed Boards of Directors of a few Public Sector Banks on Risk Management as part of a Consultancy's Board Academy Program . He was also appointed by Government of India Chairman of  the Working Group on Common Clearing for Commodity Exchanges . He has also been a guest speaker at management institutes including IIMs .  
He is currently on the Board of Governors of International Management Institute, New Delhi and on the Academic Advisory Board of MIT World Peace University 's School of Economics. He also served as an Independent Director on the boards of Firstsource Solutions Ltd, Indian Commodity Exchange Ltd, Texmaco Rail & Engineering Ltd and Titagarh Wagons Ltd . While in service in the RBI ,he also served on the boards of Allahabad Bank , Punjab National Bank and EXIM ( Export Import Bank of India ) as RBI Nominee Director. Mr Sharma has successfully qualified the Online Proficiency Self Assessment Test for Independent Director’s Databank of Indian Institute of Corporate Affairs, Ministry of Corporate Affairs , Government of India .   
Mr. Vasudevan P N, Managing Director & CEO
Vasudevan Pathangi Narasimhan is the MD and CEO of our Bank. He holds a bachelor’s degree in science (physics) from University of Madras. He is a qualified company secretary from the Institute of Company Secretaries of India.    
He has extensive experience in the financial services sector and had served as the executive vice president and head of consumer banking group in Development Credit Bank Limited, for more than one and half years. He has also worked for about two decades in Cholamandalam Investment and Finance Company Limited, part of the Murugappa Group, where he joined as a management trainee and resigned as the vice president and head of vehicle finance.    
He was also the chairman of the managing committee of the South India Hire Purchase Association for Fiscal 2006. He joined erstwhile Equitas Finance Limited, now our Bank on July 25, 2016. Prior to joining our Bank, he was the Managing Director of EHL.