Board of Directors

Deputy Managing Director (Corporate Accounts Group) - State Bank of India

Mr. B Raghavendra Rao is currently posted as Deputy Managing Director (Corporate Accounts Group) at State Bank of India, Corporate Centre, Mumbai. At present, he is the group head of CAG, which manages an asset portfolio of USD 56 Billion (INR 4.50 Trillion

Concurrently, Mr. Rao is currently holding as Head of Treasury at State Bank of India, which manages an Investment Portfolio of nearly USD 180 Billion (INR 14.40 Trillion).

Mr. Rao has a rich experience in International Banking Operations of the Bank. Mr. Rao has worked as CEO of SBI London during 2015-2019. Mr. Rao has served in Maldives as Country Head and also served as Asst. Vice President at SBI, Frankfurt, Germany.

Mr. Rao joined in State bank of India as Direct Recruitee in 1990 and has worked extensively for the past 32 years in major banking verticals like Credit, Treasury, International Banking and Retail Banking.

Mr. Rao holds a Post Graduate degree in Instrumentation Engineering. He is also a Certified Associate of Indian Institute of Bankers. He has also done a certification program in Risk Management conducted by ACAMS.

Group Executive and Head – Global Markets Group & Proprietary Trading, ICICI Bank

Mr. B. Prasanna is a Group Executive and head of the Global Markets group and Proprietary Trading in ICICI bank. He joined the bank in November 2016 and prior to this appointment he was the Managing Director and Chief Executive Officer of ICICI Securities Primary Dealership Limited (I-Sec PD). Under his leadership, I-Sec PD has established a leading presence in the fixed income markets. He has more than 22 years of experience in the Indian Treasury markets. He has been instrumental in contributing to a number of developmental efforts in this market with respect to product development, widening and deepening of the Indian Institutional market. He has been a part of various committees formed by RBI, SEBI and FIMMDA including CoBoSAC formed, by SEBI, for the development of corporate bond market.

He is currently serving as a director on the Board of CCIL (Clearing Corp. of India Ltd.), a Director in the Board of FIMMDA (Fixed Income Money Market and Derivatives Association of India) for the last 4 years and has in the recent past served as the Chairman of the Primary dealers Association of India.

Mr. B. Prasanna is a CFA, 2005 batch, Chartered and Cost Accountant.

Treasurer, HDFC Bank Ltd.

Mr. Ashish Parthasarthy – Treasurer, HDFC Bank, is an alumnus of the Indian Institute of Management, Bangalore and has over 29 years of experience in the Indian financial markets. His career encompasses a wide ranging experience across domains like Money Markets, Bullion, Foreign Exchange and Balance Sheet Management. In his capacity as the Treasurer, he not only manages the bank’s entire treasury operations but is also responsible for the overseas’ balance sheet as well.

Head of Treasury, Federal Bank.

Mr V Lakshmanan is the Head of Treasury, Federal Bank. He has been in the industry for over 20 years now, of which he spent close to 18 years in BNP Paribas. A specialist in Treasury Sales, he was heading the Corporate Treasury Sales in BNP Paribas. The first 2 years in Federal Bank were directed towards setting up a focused Treasury Sales Vertical. In his current role as a Treasurer in Federal Bank, he manages the Bank’s Treasury Operations, covering the Liquidity, Trading and Sales activity of the bank.

Lakshmanan graduated with his Bachelor of Technology from IIT Kanpur and did his Post Gradate Diploma in Business Management from S P Jain Institute of Management & Research, specialising in Finance.

Managing Director - Head of Markets & Securities Services - Citi South Asia

Badrinivas is the Head of Markets & Securities Services (MSS) for Citi South Asia.

In this role, Badri is responsible for delivering on strategic initiatives and business plans for Citi's clients across the MSS businesses. The team is responsible for bringing global products and services to the Indian client base and exporting Indian products and services to Citi’s global client base with the aim to become a trusted advisor.

Citi has been present in India since 1902 and it is regularly awarded the Best International Bank in India from international trade magazines in the region. The MSS business at Citi India is a dominant player across fixed income, currencies, commodities, credit, investments, equity sales & research and custody. The business caters to a diverse set of clients across FPIs, large local corporates, multinationals, mid-market enterprises, SMEs, banks, domestic financial institutions, AMCs and provident funds.Citi India has a FX market share over 15%, 30% in custody services and close to 10% in equities with the bank’s markets business in the country among the top three for the bank globally.

Prior to this role, Badri was the Country Treasurer & Head of Trading (Rates & FX) and Local Markets Treasury for Citibank NA & its affiliates in India - responsible for actively managing the balance sheet & investment portfolio of Citibank NA including its key affiliates, running the trading business for Citibank across Rates & FX products and generating Treasury income through appropriate positioning in the fixed income and FX markets. He is a specialist in Treasury & Asset Liability Management (ALM) with over a decade experience in the Indian fixed income, money markets & FX markets and fully conversation with the present and evolving local & global regulatory framework related to balance sheet management.

Badri was a member of the RBI committee on Pricing of Credit and has been part of various industry body forums. He also regularly appears in the media and writes invitation columns in top financial publications in the country.

He has overall banking experience of 20 years, across products (assets & liabilities) & functions (Operations, Product, Marketing, Sales & Treasury).

General Manager, Canara Bank

A result oriented Banking professional with more than 25 years of Banking exposure with Canara Bank, a leading Nationalized Bank in India. Has worked in various types of branches small, VLB, ELB and also as Regional Office Head. Worked as part of Senior Management overseas Canara Bank New York Branch, acted as an overall in-charge of Business, Compliance, IT and operations.Handled Treasury Operations of the bank as Chief Dealer handling the Bond, G-Sec & equity portfolio, front office and back office operations and was also overseeing Forex business, Correspondent Banking, setting policies for Trade finance. At present serving as General Manager and Head of Treasury.

General Manager, Union Bank of India.

Sudarshana Bhat is a Nominee of Union Bank of India on the Board of the Company. He is a seasoned banker with more than 3 decades of rich experience in Treasury, Credit, Corporate banking, various administrative and functional capacities. He is currently heading the Treasury & Investment Operations of Union Bank of India. He started his banking career in 1986 and rose to become General Manager.

Sudarshana Bhat is a post graduate, a Certified Associate of Indian Institute of Bankers (CAIIB), an ACS (inter) and holds a Diploma in Financial Services. He has attended training programmes conducted by various reputed institutes in India and abroad.

President, Head- Treasury & Markets, Axis Bank.

Mr. Neeraj Gambhir has recently joined Axis Bank as President & Head, Treasury & Markets. He has over 24 years of experience in the financial industry with expertise is in Fixed Income, Foreign Exchange, Capital markets, Structured Finance, Credit, Derivatives, Risk management and Investment Banking areas.

Previously he was Managing Director and Head of Fixed Income, India for Nomura in Mumbai where he helped set up and grow Nomura's India fixed income franchise. Before that, he was with Lehman Brothers, India as a Managing Director. Earlier, he was associated with ICICI bank as Senior General Manager and Global head of Structured Finance and Balance Sheet Management. During his tenure at ICICI Bank he also helped set up the Proprietary trading desk with trading capabilities across all asset classes viz Fixed Income, Equities, Currencies and derivative markets.

He has been a part of several working groups and committees set up the regulators and policy makers for developing India's financial markets. He was Chairman and board member of Fixed Income and Money Market Dealers Association of India during 2006-7. He was also involved in setting up of the Clearing Corporation of India and was a nominee director on its board. He was also Co-Chair of the Task force set up by Ministry of Finance, Govt of India for establishing a Public debt management office in India. He was involved in India - Japan discussion for financial co-operation as Nomura representative.

He is a regular expert commentator in print and TV on topics related to financial markets, macro economics and banking.

Neeraj holds a Bachelors of Engineering in Computer Science and has done his Post Graduation in Business Management from Indian Institute of Management, Lucknow where he was awarded PGP Chairman's Medal.

General Manager (Treasury/International Division) - Central Bank of India.

Mr.Vasti Venkatesh holds a Bachelor’s Degree and has done MBA in Banking & Finance. He is presently General Manager (Treasury/International Division) at Central Bank of India. He is also a Certified Associate of Indian Institute of Bankers.

He has more than 36 years of General experience in Banking in the areas of Treasury, Resources, Operations, Marketing etc. and worked in various positions such as Branch Head, Regional Head in various states like Karnataka, Andhra Pradesh, Madhya Pradesh, Maharashtra, Gujarat and Delhi.

He also has experience of working as Dealer and Chief Dealer in Domestic Treasury.

Executive Director Head of Treasury- IDBI Bank

Mr. Arun Kumar Bansal , Executive Director Head of Treasury-IDBI Bank has experience of 31 years in the Banking Industry. Previously he was worked in Indian Bank as General Manager CFO and has rich experience in Finance, Treasury, Retail Credit, Corporate Credit, Debt syndication, Capital & market, general banking. He has handled amalgamation of Treasury operations and financial statements of Allahabad Bank with Indian Bank. During his tenure with Indian Bank he has set up Derivative Desk, Currency Futures and Wealth Management Services apart from launching other banking products.

He has done MBA (Marketing), Post Graduate Program in Banking & Finance, M.Com. He is certified Associate from IIB. He is an all India Topper in Diploma in Treasury and Risk Mgt from IIBF. He is also Certified Financial Planner from FPSB, India.He has participated in Leadership Development Program conducted by IIM, Bangalore in association with Bank Board Bureau (Now FSIB).

 He was also on the Boards of Reliance ARC, IBMBS, IBHL as Nominee Director during his tenure with Indian Bank.

Educational Qualification : B.Sc., PGDBA (Symbiosis) CAIIB

Mr. Sushanta Kumar Mohanty A career Banker for the last 27 years, he has worked in different sized branches for 6 years & also as Regional Manager. He has spent almost 20 years in different functions of treasury operations from Desk Dealer to chief dealer in FOREX, Money Market, Bond Market, Futures, Derivatives & Back Office.

He also headed the daily operation in their New York Office.

Managing Director, Head – Financial Markets, India &Head - Macro Trading, South Asia

Parul Mittal Sinha heads Financial Markets for India and Macro Trading for India & South Asia at Standard Chartered Bank. She is a member of Financial Markets Business Management Team (FM-BMT) and is based in Mumbai.Parul was awarded Global Financial Markets Trailblazing Woman of the Year award for 2020, in recognition of her multi-disciplinary contributions.

Parul has 15 years of experience in trading fixed income and currency instruments across London, Singapore, and India market locations. She started her trading career in 2007 with Merrill Lynch International in London and was head of Local Markets Trading for India at Deutsche Bank before joining SCB Mumbai as head of Macro Trading for India in 2019.

Parul holds Bachelor of Technology degree from IIT-D (Indian Institute of Technology, Delhi) and Post Graduate Diploma in Management from IIM-A (Indian Institute of Management, Ahmedabad). She has done multiple oncampus executive courses over the years from Harvard Kennedy School, LBS (London Business School), and LSE (London School of Economics) for continued learning.

Parul enjoys sports, is learning the Indian classical dance form of Kathak, and volunteers with the Art of Living Foundation, a humanitarian and educational NGO.