SALE OF EQUITY SHARES HELD BY SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA IN THE FOLLOWING TECHNICAL CONSULTANCY ORGANIZATIONS (TCOs) Sale of 21,18,78,970 (Twenty One Crore, Eighteen Lakh, Seventy Eight Thousand, Nine Hundred and Seventy only) Equity Shares, representing 55.76% of the Paid-Up Equity Share Capital of STCI Finance Ltd Maharashtra Defence and Aerospace Venture Fund RFP for Repair and Maintenance of Premises Another milestone & A proud moment for all at IDBI Capital Bharatratna Dr. Babasaheb Ambedkar investment fund for SC / ST Invitation for Expression of Interest - Seeking investor for Agri Based Warehouses Corrigendum for EOI-Seeking investor for Steel based Company Invitation for EOI forsale of equity share of Tata Teleservices Limited
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Mr. J. Samuel Joseph
Nominee Director

Mr. J. Samuel Joseph (DIN:2262530)about 27 years of experience in Project & Trade finance. Was in-charge of the Loan Recovery & HR Groups at Exim Bank’s Head Office in Mumbai just before assuming charge as Dy. Managing Director of IDBI Bank Ltd. At EXIM, was in-charge of the Treasury, Resources, Accounts, and IT Groups. Earlier was in-charge of the Corporate Banking Group including SME & Agri Finance. Previously was head of Exim Bank’s offices in London, Milan & Hyderabad. Mr. J. Samuel Joseph was also a member of the Task Force on ‘Financial solutions for R&D in the Pharmaceutical Sector’ set up by the Ministry of Commerce & Industry, Government of India. Is also a member of the ‘BRICS Rating Agency Expert Group’ under the aegis of the BRICS Business Council.


Mr. Rakesh Sharma
Additional Director

Mr. Rakesh Sharma (DIN:06846594) is Managing Director & Chief Executive Officer of IDBI Bank Ltd. from October 10, 2018. Prior to IDBI Bank assignment, Shri. Sharma superannuated as MD&CEO from Canara Bank after serving from 11.09.2015 to 31.07.2018. While in Canara Bank he also held the position of Chairman in the group companies of Canara Bank. Prior to this, Shri. Sharma was in Lakshmi Vilas Bank Ltd. as MD & CEO and served there for a period from March 07, 2014 till September 09, 2015. Shri. Sharma held the position of Chief General Manager in State Bank of India [SBI] before moving to Lakshmi Vilas Bank Ltd in March 2014. He had more than 33 years’ experience in SBI, holding key positions, which included Head of mid corporate accounts in Andhra Pradesh region, supervising retail operations in the States of Rajasthan, Uttarakhand & Western UP, banking operations in International Banking Group, credit assignments in specialized branches/ administrative offices, etc.


Mr. Ashwani Kumar
Independent Director

Mr. Ashwani Kumar (DIN:02870681) is a seasoned banker having 37 (Thirty seven) years of banking experience, out of which he was the Chairman and Managing Director (CMD) of Dena Bank for 5 (five) years. He has held industry wide leadership positions in multiple organizations, which includes being the Executive Director of Corporation Bank, Chairman of Indian Banking Association, President of Indian Institute of Banking & Finance (IIBF) and Chairman of Institute of Banking Personnel Selection (IBPS) among many others. He has been appointed as an Independent External Monitor by the· Central Vigilance Commission for Bank of India and Union Bank of India in September 2018 for a period of 3 years. He was also a Board Member of the Life Insurance Corporation of India (LIC) wherein he also served as the Chairman of its Audit Committee and Risk Management Committee. He is a Certified Associate of Indian Institute of Bankers from the Indian Institute of Banking & Finance (IIBF), India and has also attended corporate trainings at the Kellogg School of Management, Chicago, National Institute of Bank Management and Jawaharlal Nehru Institute for Development Banking.


Ms. Lalitha Rameswaran
Additional Director(Independent Category)

Ms. Lalitha Rameswaran (DIN 2326309) is presently the Partner of M/s. Abarna & Ananthan, Chartered Accountants, Bangalore. Specialising in the field of Taxation (Income Tax, Service Tax & GST) and Banking Consultancy. In charge of Tax and Bank Audit practice of the firm. Handling the tax matters of various Nationlised and Private sector banks and appearing before Adjudicating Authorities, Appeal Commissioners, & Tax Tribunals. She has handled Statutory Central Audit of Private Sector Banks, Public Sector Undertakings & Private Sector Undertakings and is experienced in handling Stock Audit, Income Audit & other assignments of Public Sector & Private Sector Banks. Ms. Lalitha Rameswaran is presently on the Board of Canbank Factors Ltd., a subsidiary of Canara Bank.


Mr. Nagaraj Garla
MD & CEO

Mr. Nagaraj Garla (DIN 6983880) is a post graduate in Commerce and Business Management & Associate of Indian Institute of Bankers. He has over 2 decades of experience in banking & finance spanning across different verticals viz. Corporate Banking, Retail Banking, MSME, Agri and Rural Credit, Trade Finance and International Banking Operations. Shri Garla began his career at VYSYA Bank in the year 1993 and had joined IDBI Bank in February 2000. He is associated with IDBI Bank for more than 15 years. He was a member of the IL&FS Credit Committee.Shri Garla also served on the Board of Directors of India Cements Limited and Orchid chemicals and Pharmaceuticals.













Independent Directors Appointment Letter

 


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