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Shri. S. Ravi
Independent Director
Shri. B K Batra
Shri. D C Jain
Managing Director & CEO
Shri. Prafulla Premsukh Chhajed
Independent Director
Shri Sivaram Swamy
Independent Director
Smt. B. Krishnamurthy Director

Shri S. Ravi is a Post Graduate in Commerce and a practising Chartered accountant with over 25 years of experience spanning across banking, mutual funds, home finance, venture capital funds, capital market and manufacturing sectors. At present, he is also on the board of IDBI Bank Ltd. He has served as a director on the boards of companies like BHEL and UCO Bank, to name a few. Mr. S Ravi is also a member of ICAIís Professional Development Committee, IRDAís Insurance Advisory Committee and SEBIís Mutual Fund Advisory Committee. He is regularly invited by many regulatory bodies and educational institutions to deliver lectures and presentations. Mr Ravi has also contributed a number of articles in business dailies.

Shri B K Batra, DMD, IDBI Bank Ltd., has more than 30 years of work experience. During his tenure with IDBI Bank, he has held various positions and has obtained rich experience in various areas of Banking and Financial Services, especially in Corporate Banking. Prior to his current assignment, Shri Batra has also held the position of Group Head for Infrastructure & Syndication of IDBI Bank Ltd.

Shri D C Jain has over 35 years experience in the Financial / Banking industry and has been associated with IDBI Bank since 1997. Prior to joining IDBI Bank, he had a stint with Union Bank of India wherein he headed business of exceptionally large branches in the state of Gujarat. At IDBI Bank, he demonstrated his skills in Strategic Planning and Execution, Team Leadership and Relationship Management by successfully handling the entire gamut of banking operations encompassing Corporate Banking, SME, Audit, Retail and Government Business. He is known for his expertise in identifying, negotiating, structuring and executing transactions for emerging growth companies; managing relationships with key strategic clients, advising them on strategic initiatives and formulating business plans, in addition to advising on leveraged transactions. He has been appointed as MD & CEO of IDBI Capital Market Services Limited since May 5, 2014.

Shri Prafulla Premsukh Chhajed, a qualified CA and LLB (Gen) and a practicing Chartered Accountant from Mumbai, has rich experience of more than 20 years in the financial sector. He was Chairman of Western India Regional Council of ICAI in 2007-08, and also served as guest faculty and member of various institutions such as ICAI, HR College, Indian Merchants’ Chambers, etc. He contributes to a column “Paisa Zala Motha” in Maharashtra Times on the subject of Taxation and Investments and has over 500 articles to his credit. He has appeared as guest speaker on channels such as CNBC Awaz, Akashwani, etc. for discussion on topics such as Union Budget and other related topics. He is a life member of “Haryali”, a NGO dedicated for the cause of preserving Green Environment.

Shri Sivaram Swamy, is a retired banker with over 40 years experience in banking and financial sector. He was until very recently a faculty advisor with Indian Overseas Bank (IOB) and is also a co-founder and president of Stem Outsourcing, a society of retired IOB Officers engaged in training, undertaking feasibility studies, drafting policies etc.

Smt. B. Krishnamurthy has done her Masters in Science (M.Sc.) from Mumbai University. She was Country Head and Chief General Manager, SIDBI. She had a career spanning over 35 years in IDBI (now IDBI Bank) and SIDBI, covering all areas of development in banking operations both from policy perspectives and relating to implementation aspects. She has closely dealt with Multilateral and Bilateral Agencies in close co-ordination with Government of India. Her areas of specialisation include, inter-alia, handling of Human Resources Development Division covering recruitment, training and promotion aspects; association with drafting of CSR Policy guidelines for the Bank; resource raising and management, integrated treasury operations, credit dispensation and management and Risk Management.

Independent Directors Appointment Letter