S. Sridhar

Independent Director

Mr. S. Sridhar, 62 years, is an Independent Director of our Company. He studied at the Indian Institute of Technology, Delhi and Jamnalal Bajaj Institute of Management Studies, Mumbai. He was awarded the Lord Aldington Banking Research Fellowship for the year 1984 by the Indian Institute of Bankers. He has received many awards/ honours, particularly for his innovative business models and institution building.

Mr. S. Sridhar was Chairman and Managing Director of Central Bank of India until May 31, 2011 and earlier of National Housing Bank, India’s regulator of Housing Finance Companies and the apex Financial Institution for housing. He is a banker with about 40 years experience in commercial and development banking of which 10 years was at the CEO/ Board level. He is widely acknowledged to be an innovative, market oriented banker and strategic thinker having provided transformational leadership to the organisations he had worked for. He was a pioneer in championing the concept of Affordable Housing in India and contributed significantly to public policy formulation.

Mr. S. Sridhar started his career with State Bank of India, India’s largest commercial bank. He also worked as Executive Director and Chief Operating Officer of Export Import Bank of India, India’s apex export financing institution between 2001 and 2006.

Currently, Mr. S. Sridhar serves as Independent Director on the boards of various companies including DCB Bank Ltd. and Binani Cements Ltd. as also as a consultant to financial services companies. His advice is sought on certain matters of policy by the Government of India. He is also an Advisor to the Royal Institute of Chartered Surveyors, South Asia.

Mr. S. Sridhar has served/serves in various national level committees and task forces for framing financial sector policies. He was on the Managing Committee of the Indian Banks’ Association, and continues to be a member of the Board of Management of the Indian Institute of Foreign Trade. He has been an invited speaker at numerous national and international Conferences including the Chatham House Lectures. He has been appointed on our Board since June 15, 2013.

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