The Board
Shri. R. Gandhi had been the Interim Head of Monetary Policy Department of Reserve Bank of India since September 2016 and has been its Deputy Governor since April 2014. Shri. Gandhi served as an Executive Director of Reserve Bank of India since March 3, 2011 and served as its Director. He has been a Director at National Bank for Agriculture and Rural Development since July 20, 2016. He served as a Director of Bank of Baroda since July 2010 until May 30, 2011 and National Housing Bank since October 17, 2016 until May 18, 2017. He served as a Director of Central Bank of India from June 11, 2002 to January 9, 2004. He served as a Director of Punjab & Sind Bank from April 2, 2008 to July 28, 2009. He has a rich experience of Central Banking of over three decades having wide cross functional exposure in technology, payment systems capital market, securities, forex, money market, Human Resource Management and International Banking. Besides holding strategic positions in RBI, he had also piloted several projects on IT, payment systems, financial literacy, financial inclusion and related developmental initiatives. He holds MA (Economics) with CAIIB and has professional competence in IT applications.
Shri P.N. Prasad is a seasoned banker with 37 years of domestic and global experience. He retired as the Deputy Managing Director of State Bank of India, India’s largest Commercial Bank. At the time of superannuation, he was heading the Commercial Clients Group, the Corporate Banking Vertical and the Project Finance & Structuring SBU of the State Bank of India.
Mr. Prasad is a Postgraduate in Chemistry and is an All India rank holder in CAIIB examination conducted by the Indian Institute of Bankers. In his career, he handled some challenging assignments in leadership positions such as Chief Executive Officer, Antwerp; General Manager, Mid Corporate Regional Office, Chennai covering states of Tamil Nadu, Kerala, and Pondicherry; Chief General Manager (Mid Corporate Group), covering Western India and Deputy Managing Director (Commercial Clients Group) including the Project Finance & Structuring Strategic Business Unit (PF& S SBU). Mr. Prasad has got rich experience in Corporate & International Banking, Project Finance & Structuring, Debt Syndication, Stressed Asset Management & Resolution, Risk Management, Trade Finance, Compliances etc.
Mr. Prasad was the Chairman of the Co-Ordination Committee appointed by the Ministry of Commerce, Govt. of India, to address the issues faced by the Gems & Jewellery Sector in India. He represented the Bank in committees appointed by the Ministry of Civil Aviation and Ministry of Power to address the issues faced by these sectors. He was the nominee director of State Bank of India in HDFC Venture Capital Ltd and Oman India Joint Investment Fund Management Company Private Ltd. He also served as a member in the committee constituted by Reserve Bank of India in April 2021 for comprehensive review of Asset Reconstruction Companies (ARCs).
He is presently a shareholder Director in Bank of India and an Independent Director in Insolvency Professional Agency of Institute Cost Accountants of India (IPA ICAI). He is also a Senior Advisor ( Banking) to the Gem & Jewellery Export Promotion Council (GJEPC).
Smt. Sudha Krishnan joined the Indian Audit and Accounts Service (IAAS) in 1983. She possesses Masters Degree in Public Administration (MPA), George Mason University Virginia, USA, Masters Degree in English Literature (MA) and Bachelors Degree (Hons) in English Literature (BA Honours) from Delhi University.
She retired as Member Finance to the Space Commission and Atomic Energy Commission. As Member Finance, she served as the advisor to the Commissions on financial business pertaining to the Departments of Space and Atomic Energy.
Smt. Krishnan has close to four decades of experience in public policy and finance. She has worked on secondment at the Ministry of Finance in different capacities where she has handled diverse portfolios including World Bank projects, personnel matters of the Central Government and writing memoranda and reports for the Finance Minister on improving the overall effectiveness of Government spending. She also served as Financial Adviser to the Ministry of Urban Development. She has been a Government nominee director on the boards of many Government companies and banks.
In her parent department namely, the office of Comptroller and Auditor General of India (the Supreme Audit Institution- SAI, of India) she has led and coordinated the production of several audit reports including the audit of the Central Board of Direct Taxes. As Principal Director (International Cooperation) she was directly responsible for advising and implementing the CAG’s international obligations both bilateral and multilateral. In her last assignment in the office of the CAG, she was responsible for developing and strengthening professional standards and practices in audit.
Smt. Krishnan serves as Independent Director on boards of SBI Funds Management Ltd, IDFC Financial Holding Company Ltd and Graphite India Ltd.
Rajesh Doshi is an Alumni of Indian Institute of Technology (Mumbai), with a Bachelor’s degree in Electrical Engineering (1973 batch). He began his career as a Trainee Engineer with Tata Burroughs Ltd., which was later merged with TCS Ltd.
Rajesh Doshi has been associated with National Securities Depository Ltd. since its inception in 1996 in capacity of Executive Director IT with overall responsibility to set-up and manage Information technology Systems for NSDL’s many projects, including main Securities Depository system, Tax information Network (TIN) , Central record keeping Agency (CRA) system for National pension Scheme (NPS) etc.
Subsequent to demerger of NSDL’s non depository business into a separate company NSDL e Governance ltd (NeGIL), he assumed additional charge of overall operations of depository business in capacity of Senior Executive Director and retired from this post on 29th February, 2016.
He was member of the board of NSDL’s wholly owned subsidiary company NSDL Database Management Ltd (NDML) and was designated Director In-charge. NDML is engaged in undertaking several socially useful first of its kind IT centric nationwide project with Pan India reach, including National Insurance – policy Repository (NIR), SEZ online system for Ministry of Commerce (MOC), National Skills Registration (NSR) portal in association with NASSCOM, PayGov payment gateway for DeIT, KYC Registration Agency (KRA) system for securities market etc.
Shri. Parkash Chand joined LIC of India as a 14th Batch Direct Recruit Officer in the year 1985.
Born in the year 1963, he has done his Post Graduation in Humanities from Panjab University, Chandigarh. He is an Associate of Insurance Institute of India, Mumbai.
During his career spanning over three decades he has handled various challenging assignments of the Corporation successfully. He has served as Regional Manager (CRM), Northern Zone, Delhi, Chief Executive of LIC Cards-New Delhi, Chief (Personnel) and Chief (ER), Central Office, Mumbai. He was posted as Sr. Divisional Manager of Delhi D.O.-I and Nagpur Divisions also and under his able leadership, both the Divisions excelled on various parameters.
Prior to taking over charge as Zonal Manager (I/c) of Central Zone, Bhopal on 25th April, 2019, Shri. Parkash Chand was posted as Regional Manager (CRM) of Northern Zone, Delhi.
He is an avid reader and believes in team building for achieving the results.
In a career span of more than 34 years, Shri Subrata Biswas has handled various assignments, specially in the Corporate Accounts Group, handling large Corporates, Mid Corporate Group, Risk Management Department.
He has also worked in Paris (3 years) & London Branches (4 years) of the Bank handling Credit Portfolio overseas .
Presently he is the Dy. Managing Director (Stressed Assets Resolution Group - SARG) located at the Bank’s Corporate Centre in Mumbai. Before being elevated as DMD, he was CGM in Risk Management Department.
His Credentials include starting from being a Deputy General Manager, Leather International Branch, Chennai and then rising up the Corporate Ladder when he became the General Manager, Mid Corporate from where he moved further ahead as he became the Chief General Manager Corporate Clients Group and later CGM Risk Management , Corporate Centre after which he got elevated to the post of Deputy Managing Director, Stressed Assets Resolution Group
He has been instrumental in dynamically guiding and heading many of the major portfolios specially in the Credit and Risk field and playing a major part in the resolution of some potentially volatile and risky assets and related accounts as under his able and dynamic leadership achieving cent per cent success.
Apart from these he has been a part of many institutional programmes, seminars and conclaves the latest ones being on the subject “analytics – An effective tool to source business, manage risks and increase operational efficiency”.
Shri Debajyoti Ray Chaudhuri is an MBA from the Faculty of Management Studies (Delhi) and Certified Associate of the Indian Institute of Bankers.
He is a passionate leader with a long track record of successfully managing assignments of a diverse nature. Immediately prior to joining NeSL, he was Chief General Manager in the Insolvency and Bankruptcy Board of India (IBBI) where he took some path breaking initiatives like the implementation of the Companies (Registered Valuer and Valuation) Rules, 2017. His articles on issues related to insolvency have been published in reputed publications/national newspapers and he has been a speaker in numerous seminars/workshops related to corporate insolvency and also in educational institutions like the NLUs.
Prior to joining IBBI, he was at the corporate office of India’s largest bank, SBI, where he was responsible for compliance and risk, and implementation of the Insolvency and Bankruptcy Code, at its largest business vertical.
Among his other assignments in SBI was the setting up SBI’s Dubai operations as a highly profitable unit within a short span of time. As the CEO of SBI, he was much sought after by other Indian banks and also the Indian community for his views on issues like Indian economy, personal investment, trade flows and exchange rates.
He was conferred the "Business Excellence and Innovative Best Practices- Academia Awards-2020" by the New Delhi Institute of Management.
Changes in the board as updated in the MCA Website
- Prof. S. Sadagopan and Dr. Nivedita Haran, have ceased to be the Directors of the company with effect from 24th June, 2022, due to retirement.
- The nomination of Shri. Natarajan Sundar, Nominee Director appointed by State Bank of India was withdrawn by the bank consequent to his superannuation and Shri. Subrata Biswas was appointed as the Nominee Director, with effect from 7th May, 2022.
- Shri. G. S. Chawla has resigned as Nominee Director effective 12th May, 2021.
- Shri. S. Ramann has resigned as MD & CEO effective 18th April 2021.
- Shri. R. Gandhi was elected as the Chairman and Independent Directors effective from 30 September 2020.
- Shri. T. S. Vishwanath resigned from the Board as Chairman and Independent Director effective 30 September 2020.
- Shri. T.S. Vishwanath, Independent Director, was appointed as the Chairman of the Board on 28th January, 2019.
- The nomination of Shri. P. Sanker, Nominee Director appointed by ICICI Bank Ltd was withdrawn by the bank and Shri. Anindya Banerjee was appointed as the Nominee Director, with effect from 16th January, 2019.
- Shri. Yeshwant Deosthalee, resigned from the office of independent director of the company with effect from 20th December, 2018, due to personal reasons.
- The nomination of Shri. Karnam Sekar, Nominee Director appointed by State Bank of India was withdrawn by the bank and nominated Shri. Parthapratim Sengupta, as the Nominee Director, with effect from 3rd November, 2018.
- Resignation of Shri. N. Rangachary as the chairman of the Board effective from 13th October 2018.