Mr. Dinesh Khara is the non-executive Chairman of our Company. He is a Nominee Director of SBI on our Board.

Mr. Khara is the Chairman of the country’s largest Bank - State Bank of India. Having joined the bank as a Probationary Officer in 1984, he has rich experience in all facets of Banking. Before assuming office as Chairman, Mr. Khara has held several key positions in SBI such as MD (Global Banking & Subsidiaries), MD (Associates & Subsidiaries), MD & CEO (SBI Mutual Funds) and Chief General Manager - Bhopal Circle. He was also posted at Chicago for an overseas assignment.

As Managing Director, he led the International Banking Group, Large Corporate and Treasury operations in addition to the non-banking subsidiaries of the Bank viz., SBI Cards, SBIMF, SBI Life, SBI General etc. He also seamlessly executed the merger of five erstwhile Associate Banks and Bhartiya Mahila Bank, with SBI. Additionally, he also headed the Risk, IT and Compliance functions of the bank at various points.

Mr. Khara is a postgraduate in commerce from Delhi School of Economics and an MBA from FMS, New Delhi. He is also a Certified Associate of Indian Institute of Bankers (CAIIB). Mr. Khara is passionate about reading and has travelled extensively across the world.

Mr. Abhijit Chakravorty took the helm at SBI Card on 12 August 2023. Based in Gurgaon, he manages all facets of SBI Card`s business. He has been a part of State Bank of India, India`s oldest and largest banking group, for almost three decades now. With rich experience of 34 years in the banking sector, he has adeptly worked with various divisions of the bank that include retail and corporate banking, overseas operations, and IT infrastructure. Currently, he is the Deputy Managing Director in State Bank of India (SBI).

Prior to joining SBI Card, Mr. Chakravorty led the IT operations of the customer facing channels and payment systems as Chief General Manager (Channels & Operations) at the Global IT Centre of SBI. One of his previous assignments with the bank includes his long stint with Commercial Credit Group of SBI where he was involved in high value corporate lending.

Mr. Chakravorty has led the operations of SBI in Bangladesh as CEO and Country Head. He has also served at SBI’s Hongkong branch. Mr. Chakravorty is a postgraduate in Applied Chemistry and is a Certified Associate of the Indian Institute of Bankers (CAIIB)

Mr. Ashwini Kumar Tewari is a career banker and started his career in SBI in the year 1991 as a Probationary Officer and has spent more than three decades with SBI in India and abroad in various assignments.

Presently since 21.11.2023, he is the Managing Director (Corporate Banking and Subsidiaries) of State Bank of India and a Whole Time Director handling the portfolio of Large Corporate and Commercial Credit Business of the Bank alongwith Associates & Subsidiaries of the Bank. This includes major non-bank business like Credit cards, Mutual Fund, Life & General Insurance, Capital Markets, Custodial Services etc. and serving on the boards of all these companies.

Prior to this assignment, he was Managing Director (Risk, Compliance and Stressed Assets) since June 2022. There he was focusing on driving Climate Risk Management in the bank and shaping the Stressed Assets Strategy of the bank. Earlier he was the Managing Director, handling International Banking, Information Technology and Non-Bank Subsidiaries of the Bank from January 2021. He was also involved in a big refresh in the technology space in SBI. Prior to becoming Managing Director at SBI, he served as Managing Director and CEO of SBI Cards and Payment Services Ltd where he oversaw key partnerships inked with GPay, PayTM, BPCL etc. and steered the company through the immediate aftermath of the Covid period.

Earlier, he was the Country Head of the US Operations of State Bank of India from April 2017 to July 2020. Prior to that he was the Regional Head and General Manager, East Asia, for SBI, based in Hong Kong.

Over the years, he held other leadership positions at State Bank of India, including, the Deputy General Manager (Operations & Information Systems) International Banking, Head of SBI's Cash Management, Regional Manager, Branch Head, among others.

An Electrical Engineer by degree, he is a Certified Associate of Indian Institute of Bankers (CAIIB), Certified Financial Planner (CFP) and has done a Certificate Course in Management from XLRI.

Mr. Nitin Chugh is a career banker with an overall experience of 29 years. He serves as Deputy Managing Director and Head of Digital Banking at State Bank of India. Prior to joining SBI in March 2022, he was the MD and CEO of Ujjivan Small Finance Bank from December 2019 to September 2021.

He also served for over 18 years at HDFC Bank from 2001 to mid-2019, where he managed several leadership roles in retail banking including credit cards, branch banking, inbound and outbound contact centres, product and portfolio management, virtual relationship channels and digital marketing. He was the head of credit cards sales from 2004-2008 during which HDFC Bank added its first 5 million credit cards.

His last role at HDFC Bank was that of Group Head for Digital Banking where he oversaw the digital transformation of HDFC Bank from 2013 to 2019.

Prior to HDFC Bank, Nitin worked in HCL Limited, Modi Xerox Limited and Standard Chartered Bank from 1993 to 2001, in various sales roles across customer segments and businesses.

Mr. Chugh is an accomplished industry leader and well regarded in retail and digital banking. He is an engineer and MBA by qualification.

Mr. Debangshu Munshi is a career banker and started his career in State Bank of India (SBI) in the year 1994 as a Probationary Officer. Presently, he is Chief General Manager (Associates & Subsidiaries) of the Bank.

Prior to this, he served as General Manager at Chairman Secretariat and at Central Board Secretariat at SBI Corporate Centre, Mumbai.

He has been a part of State Bank of India, India’s oldest and largest banking group, for almost three decades now and has handled several assignments for the bank, across various locations in India and abroad.

Earlier, he was SVP (Settlement & Back Office) in the Treasury of SBI’s Wholesale Banking Branch, Bahrain from July 2010 to March 2015.

Over the years, he held other leadership positions at State Bank of India, including, the Deputy General Manager (L&D, STU), Corporate Centre, Mumbai; Assistant General Manager, Country Risk in the Risk & Compliance Department of International Banking Group, Corporate Centre, Mumbai; and Branch Head, among others.

Apart from being a Post-Graduate in MA History, he is a Certified Associate of Indian Institute of Bankers (CAIIB) and has a Post-Graduate Diploma in Financial Advising along with Certificates in Cyber Security and AML & KYC.

Dr. Tejendra Mohan Bhasin is an Independent Director on our Board. He holds a Bachelor’s degree in law, a Master’s degree in business administration. He is an associate of the IIB and is also a Doctor of Philosophy. He has been conferred with honorary fellowship by the Indian Institute of Banking and Finance. He was appointed as the vigilance commissioner at the Central Vigilance Commission by the President of India and is presently the Chairman of Advisory Board for Banking and Financial Frauds (ABB&FF), constituted by CVC in Consultation with RBI. He held senior leadership positions with Oriental Bank of Commerce, United Bank of India, and Indian Bank. He has over 43 years of varied experience in Banking, Finance, Insurance, Management Administration, Vigilance.

Mr. Rajendra Kumar Saraf is an Independent Director on our Board. He holds a Master’s degree in Physics from IIT Kanpur and a diploma in financial management. He is an Associate of IIB and Fellow of the Insurance Institute of India. He has held multiple positions during his tenure with SBI in India and abroad, including the Deputy MD and CFO of SBI. He has been advisor and mentor for two important initiatives, viz., Bharat Bill Payment System run by NPCI and TReDS run by Mynd Solutions. He serves as Chairman of the Technical Advisory Committee and External Expert on the Price Discussion Committee at NPCI. He is also a senior advisor to TVS Capital Funds. In a career spanning over four decades he has acquired expertise in banking, finance functions, technology management, payment systems, digital channels and private equity.

Mr. Dinesh Kumar Mehrotra is an Independent Director on our Board. He has previously served as the chairman and the managing director of Life Insurance Corporation of India (“LIC”). Previously, he was LIC’s zonal manager in-charge of eastern zone and its senior divisional manager. He was the executive director (international operations) at LIC’s office in Fiji. He has approximately 40 years of experience in the insurance industry.

Ms. Anuradha Shripad Nadkarni is an Independent Director on our Board. She holds a bachelor’s degree in commerce from the University of Poona. She holds a post-graduate diploma in management from Indian Institute of Management, Bangalore and is a member of the Council of Chartered Financial Analysts. She was the head of financial institutions group at Standard Chartered Bank and was associated with Swadhaar Finserve Private Limited in an advisory capacity. She was associated with Lotus India Asset Management Company Private Limited as the head of business development and strategic initiatives and has served as an independent director on the board of Pudhuaaru Financial Services Private Limited. Currently she is associated with Svakarma Finance Private Limited as a founding member and the whole-time director. She has over 30 years of experience across multiple financial services businesses.

CA Shriniwas Yeshwant Joshi is an Independent Director on our Board. He is a Chartered Accountant in practice over past 40 years and is also a member of Institute of Company Secretaries of India since 1980.

He is a partner at CVK & Associates, Chartered Accountants, Mumbai.

He is a member of the Central Council in the second term of the Institute of Chartered Accountants of India (ICAI), for the period 2019 -2022. He has held positions as Chairman, Secretary of Regional Council Member of Western India Regional Council (WIRC) of ICAI.

He is an eminent speaker at various seminars organised by ICAI and its Regional Councils and branches.