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Brief Profile Of Directors
Investor Relations - Brief Profile Of Directors
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| BOARD OF DIRECTORS | BRIEF PROFILE INCLUDING DIRECTORSHIP AND FULL-TIME POSITIONS IN BODY CORPORATES | ||||||||||||||||||||||||||||||||||||
 Mr. Biswamohan Mahapatra Part Time Chairman |
Mr. Biswamohan Mahapatra was appointed as the Part-time Chairman of the Bank with effect from May 9, 2025. Mr. Biswamohan Mahapatra has been on the Board of the Bank since April 16, 2025, as an Independent Director. He was earlier on the Board of the Bank for the period from June 20, 2023, to June 13, 2024. Mr. Biswamohan Mahapatra pursued Master of Science in Management from Arthur D. Little Management Education Institute, Cambridge, USA, specialising in Finance. He completed his MBA (Finance) and Master's in English Literature from the University of Delhi and Jawaharlal Nehru University, respectively. Mr. Biswamohan Mahapatra was a central banker with a career spanning about 33 years in the Reserve Bank of India (RBI) in various capacities and retired as Executive Director in August 2014. As Executive Director, he handled banking regulation and policy matters. He was instrumental in the implementation of Basel III regulations. He was associated with various working groups and committees and represented the RBI as a member/ Chairman/Convenor of these various working groups and committees. Post-retirement, he was an advisor to the RBI on the bank licensing process. He was the convener of the Government of India Task Force to set up the Resolution Corporation under the Indian Financial Code.
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 Mr. Pralay Mondal Managing Director & CEO |
Mr. Pralay Mondal was appointed as the Managing Director of the Bank with effect from 15th September, 2022. His prior appointment in the Bank since February 17, 2022 was as Deputy Managing Director of the Bank and prior to that since September 23, 2020 was as President (Retail, SME, Operations and IT) of the Bank. Mr. Pralay is an Engineer from IIT, Kharagpur and a Management graduate from IIM, Calcutta. Prior to joining CSB Bank, Mr. Pralay was Executive Director & Head of Retail Banking at Axis Bank. He has around 30 years of banking experience across multiple business and functions including retail assets, retail liabilities, business banking, products and technology. Before joining Axis Bank, Mr. Pralay was the Senior Group President and Head of Retail and Business Banking at Yes Bank. He was instrumental in setting up the entire retail franchise in that bank in a short period of time. At Yes Bank, Mr. Pralay used to frequently meet the Investors and Analysts and have been part of the core group engaging with relevant people in India or overseas to represent the bank for raising capital. Prior to that he had a successful 12 years’ stint at HDFC Bank and was earlier associated with Standard Chartered Bank, Wipro InfoTech and Colgate Palmolive. Mr. Mondal’s achievements include pioneering efforts in doorstep banking and direct sales, creating deep geography distribution, and building and scaling up of retail businesses. He is also credited with building capital market, wealth management, private banking, NBFC, credit cards, payments and digital businesses, from scratch.
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 Mr. B.K Divakara Executive Director |
Mr. B.K Divakara was appointed as the Executive Director of the Bank with effect from 15th March, 2024. Mr. B. K. Divakara was held the position of Head - Strategy & Corporate Legal in the Bank from June 5, 2023 to March 14, 2024. Prior to that, he had held the position of Chief Financial Officer from February 5, 2020 to June 4, 2023. Mr. B K Divakara, is an associate member of the Institute of Chartered Accountants of India, Institute of Company Secretaries of India and Institute of Cost and Management Accountants of India. He also holds Bachelor’s Degree in Business Management. Mr. B K Divakara has varied banking experience spanning across different spheres over a period of 37 years. He had worked closely in Finance, Credit, Priority Sector Lending, Balance Sheet Management, Profit Planning & Forecasting, Capital Raising Program, Investors Relations, Credit Monitoring, Recoveries, Operations, Treasury, Internal Audit, Risk Management, Transaction Banking etc. and gained enough experience. Prior to joining the CSB Bank, Mr. B K Divakara was Executive Director of Central Bank of India for a period of five years, from 23.01.2014 to 22.01.2019. He had held various senior positions at Corporation Bank, including that of General Manager, Credit, till he moved to Central Bank of India. He was also the Non-Executive Chairman of Centbank Financial Services Ltd. and Centbank Home Finance Ltd.
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 Mr. Madhavan Menon Non-Executive Director |
Mr. Madhavan Menon is a Non – executive Director of our Bank since September 3, 2018. Mr. Madhavan Menon was the Part-time Chairman of the Bank for the period April 24, 2019 and up to July 21, 2020. He holds a bachelor’s degree and a master’s degree in business administration from the George Washington University. He is also qualified for the award of “Indian School Certificate” in division two issued by the University of Cambridge. He has over 30 years of experience in the finance and banking sector. He has previously worked with ANZ Grindlays Bank Limited, Citibank N.A., Emirates Bank International, Birla Capital International AMC Limited in the past. He is currently on the chairman and managing director of Thomas Cook (India) Limited.
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 Mr. Sumit Maheshwari Non-Executive Director |
Mr. Sumit Maheshwari is a Non – executive Director of our Bank since September 3, 2018. Mr. Sumit Maheshwari has been the Managing Director & CEO of Fairbridge Capital since May 2018, playing a pivotal role in sourcing, evaluating, negotiating, and executing investment opportunities. Since joining Fairbridge in 2011, he has overseen key investments in Bangalore International Airport, Sanmar Group, CSB Bank, Fairchem Organics, and several others. Sumit also serves on the boards of various Fairfax portfolio companies. A seasoned investment professional with deep experience in both private and public Indian companies, Sumit manages over $7 billion in Indian investments for Fairfax Financial Holdings and Fairfax India Holdings. He excels in conducting due diligence, managing high governance, and providing strategic direction to portfolio companies. His success is driven by his ability to partner with high-quality business owners, maintain strong governance, and nurture relationships with stakeholders. Sumit is deeply connected within the Indian business community and is an active member of the Young Presidents’ Organization (Mumbai Chapter).Before Fairbridge, Sumit worked with KPMG in India and the UK, specializing in audit and advisory services. He is a Chartered Accountant and holds a Post Graduate Program in Management from the Indian School of Business, Hyderabad. Sumit is a value-investing advocate, committed to creating long-term sustainable growth in India.
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 Ms. Sharmila Abhay Karve Independent Director |
Ms. Sharmila Abhay Karve is an Independent Director of the Bank and has been associated with the Bank since July 20, 2020. Ms. Sharmila Abhay Karve has over three decades of association with PriceWaterhouseCoopers (PwC) in various capacities till she retired from the PwC network of firms on 30th of June 2019. She was an audit partner for several Indian and Multinational clients for many years. She was appointed as the Ethics and Business Conduct Leader for the firms and was also elected to the Partnership Oversight Committee (POC) which is responsible for governance and oversight. Later, she took over as the Head of Audit. She has also been the team Head for Risk & Quality, which restructured the risk profile of their clients’ products and services and implemented mitigating controls. In 2017, she was appointed as the Diversity & Inclusion Leader for the PwC Global network and was on the Global Leadership Team and the Global Human Capital Team. Ms. Sharmila Abhay Karve is a member of The Institute of Chartered Accountants of India and also a Commerce Graduate from Mumbai University.
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 Mr. Sudhin Choksey Independent Director |
Mr. Sudhin Choksey is an independent Director of the Bank and has been associated with the Bank since March 30, 2021. Mr. Choksey has overall 42 years of professional experience; both in India and Overseas. Mr. Sudhin Choksey was the former Managing Director of GRUH Finance Ltd. which was merged with Bandhan Bank. As a part of the scheme of merger, Mr. Sudhin Choksey joined Bandhan Bank as Executive Director (Designate) in October 2019 and retired on February 16, 2021. Mr. Choksey was an experienced CEO at GRUH Finance with a demonstrated history of working in the mortgage finance business and skilled in lending business. During the span of 26 years of working with GRUH Finance, he has held various positions including that of General Manager, Executive Director, Chief Executive Director and Managing Director. At Bandhan Bank, he was the vertical head of the housing finance business. Mr. Choksey has also served as an independent Director on the Boards of many listed and unlisted companies. Mr. Sudhin Choksey is a fellow member of the Institute of Chartered Accountants of India and has done his graduation in Commerce (Honours) from The Sydenham College of Commerce & Economics, Bombay University. He was the recipient of BUSINESS LEADER – FINANCIAL SERVICES Award for 2015 from The Institute of Chartered Accountants of India, New Delhi.
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 Mr. Sharad Kumar Saxena Independent Director |
Mr. Sharad Kumar Saxena is an Independent Director of the Bank and has been associated with the Bank since February 19, 2022. Mr. Sharad Saxena has more than 30 years of experience and had held almost all the leadership positions in ICICI Bank technology group, like, heading the technology function for Corporate Banking, Commercial Banking, Asset products including Corporate & Retail Loans, International Banking, Credit Cards, Cash Management Services, Payment Systems, Core Banking, Switching, HR, CRM and Compliance & Fraud Management, Head of IT Infrastructure group including Networks and head of Technology Compliance for interfacing all audits and inspections. Some of his key accomplishments were execution of numerous business and productivity enabling projects, transformation and migration of live Data Centres across the cities, migration of large applications and technology platforms, co-creating new technology enabled business models, setting up of IT Governance and Compliance function within IT, etc. As a member of the core technical committees of RBI for the following initiatives, he was in-charge of automation of Regulatory Returns filing, NG-RTGS, RBI Core Banking and Interface with Government Departments and Managing Outsourcing Risks. Later, as Chief Technology Officer for amalgamated Bank of Baroda, as the Chief Technology Officer and the head of IT of Bank of Baroda, erstwhile Vijay Bank, and erstwhile Dena Bank, successfully led the most complex and the biggest bank merger in the country. Made a strategic roadmap for IT landscape of the amalgamated bank to sustain its business strategies for the next five years. This included movement to cloud, renewal of IT infrastructure, development of big data lake platform, consolidation and movement of data centres and large-scale digitization. Mr. Sharad Saxena is a gold medalist Engineering graduate in Electronics & Telecommunication from Government Engineering College, Jabalpur. He is also a Certified Information System Auditor (CISA) from ISACA, US, and a Certified ISO 27001 Implementer and Certified Senior Examiner for Quality Management for the Indian Merchant's Chamber.
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 Ms. Renu Kohli Independent Director |
Ms. Renu Kohli is an Independent Director of the Bank and has been associated with the Bank since December 14, 2023. Ms. Renu Kohli, is an economist with research and practitioner experience on macroeconomic policies and issues. Ms. Renu Kohli holds Doctorate in Philosophy (DPhil) in Economics. Ms. Renu Kohli is currently the Senior Fellow, at the Centre for Social and Economic Progress (CSEP) an independent, public policy think tank based in New-Delhi. She has previously worked with the RBI, the IMF and thinktanks including ICRIER and the Institute of Economic Growth. Her work has focused on financial sector liberalization, capital flows and exchange rate management in emerging markets with special India focus, international macroeconomic coordination, and recently, the macroeconomic impact of decarbonization in India. She has diverse exposure to central banking and macroeconomic surveillance. Ms. Renu Kohli has been published in refereed journals such as the Review of Development Economics, Journal of Development Studies, Journal of Asian Economics, Oxford University Press, IMF Working Papers, RBI Staff papers, and contributed to edited volumes. She has exposure to multilateral surveillance including Article IV missions; as short-term expert with IMF Institute, her training missions include courses on financial programming & policies and macroeconomic diagnostics. Ms. Renu Kohli has wider engagement with the private financial sector and investors through talks, presentations and consultation on Indian macroeconomic policies.
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 Mr. Deepak Maheshwari Independent Director |
Mr. Deepak Maheshwari is an Independent Director of the Bank and has been associated with the Bank since June 12, 2024. Mr. Deepak Maheshwari is an experienced banker with an impressive career spanning over four decades in top banking institutions in the country. He has a proven track record of building best-in-class loan portfolios across the banks in which he had worked. His expertise extends to credit decision making, credit underwriting and monitoring of large credit exposures. He possesses expert knowledge of banking regulations, including relevant policy matters, familiarity with corporate groups, and expertise within a variety of industrial sectors across India. Mr. Deepak Maheshwari is a B.Com. graduate and a Certified Associate of the Indian Institute of Bankers (CAIIB). Mr. Deepak Maheshwari held various positions in State Bank of India, HDFC Bank and Axis Bank. He was the Independent Director on the Board of Federal Bank Limited in 2018. Mr. Deepak Maheshwari is currently in the Board of Axis Finance Limited as Non-Executive Director and in GR Highways Investment Manager Pvt Ltd as an Independent Director.
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 Mr. D N Narasimha Raju Independent Director |
Mr. D N Narasimha Raju is an Independent Director of the Bank since December 13, 2024. Mr. D N Narasimha Raju is a Karnataka cadre IAS officer of 1984 batch with over three decades of diverse and rich experience in various fields. During his career, he has held various significant positions in both Government of India and Government of Karnataka, which includes Policy formulation and implementation levels in several sectors such as revenue, finance, industry, e-Governance, urban governance, labour, commerce, and energy. He has also served as Additional Chief Secretary / Principal Secretary to the Chief Minister, Government of Karnataka and was the Joint Secretary in Ministry of Petroleum and Natural Gas, Government of India. Since his superannuation in 2016, he has served in various positions such as State Chief Information Commissioner (“SCIC”) at the Karnataka Information Commission, Chief Executive Officer of the National Institute of Smart Government (“NISG”), New Delhi, and Director of the Southern Regional Centre, TERI Bangalore. Mr. D N Narasimha Raju is an active member of the I.A.S Association, Bengaluru, India Habitat Centre, New Delhi and Bengaluru International Centre, Bengaluru. Mr. D N Narasimha Raju is an Independent Director on the Board of Bangalore International Airport Limited and Mangalore SEZ Limited. He was earlier on the Board of Bharat Petroleum Corporation, Oil India Limited, ONGC (Videsh) Limited, Gail India Limited, Bangalore Metro Corporation and several Public Sector Undertakings at the central and state level. Mr. D N Narasimha Raju holds a Master of Science in Horticulture from the University of Agricultural Sciences, Bangalore, and a Master's degree in Business Law from the National Law School of India University, Bangalore.
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