आमचे मंडळ

Mr. Vellur Gopalaraghavan Kannan

अध्यक्ष आणि स्वतंत्र संचालक

Mr. Kannan is a seasoned banking professional with over 40 years of leadership experience in the Banking, Financial Services and Insurance (BFSI) sector. He Joined the State Bank of India (SBI) as a Probationary Officer in 1978 and progressed to the Board position of Managing Director, overseeing SBI’s domestic subsidiaries and associate banks until July 2016. Prior to joining the SBI Board, he served as Managing Director & CEO of SBI Capital Markets Ltd., India’s leading investment banking subsidiary. He possesses extensive expertise in Credit & Risk Management, Treasury, Capital Markets, Investment Management, Agriculture & Rural Finance, MSME Banking, Insurance, Asset Management, Credit Cards, and Fund Management.

He has held several key leadership positions within SBI, including Chief General Manager – Mid Corporate Group, managing funded assets exceeding ₹1.80 trillion; Head of Forex & Money Markets at SBI Central Treasury and SBI Hong Kong; Network General Manager, Chennai; and Assistant General Manager (Fixed Income Markets), SBI Corporate Treasury, Mumbai. As Managing Director (Associate Banks & Subsidiaries), he spearheaded the successful merger process of SBI’s five Associate Banks with SBI, completing one of the largest banking integration exercises in India within a year. Under his leadership, SBI’s subsidiaries delivered strong financial performance, enabling significant dividend contributions and paving the way for the subsequent listing of several subsidiaries.

Post-retirement, he served as Chief Executive of the Indian Banks’ Association (IBA) from December 2016 to December 2019, acting as the principal spokesperson for the banking industry and working closely with regulators and the Government on policy, operational and systemic banking matters. Subsequently, he served as advisor to a large international investment fund specializing in stressed asset investments from November 2019 to March 2023, providing strategic guidance on investment and asset resolution opportunities. He also chaired the RBI-appointed Committee on ATM Interchange Fees (2019) and served as a Member of the RBI Committee on the Creation of a Secondary Market for Corporate Loans (2018). Additionally, he was a Permanent External Expert Member of the Regulatory Oversight Committee of the National Stock Exchange (NSE) from 2018 to 2024.

Mr. Vivek Anant Karve

स्वतंत्र संचालक

Mr. Vivek Anant Karve is a Chartered Accountant, Cost Accountant and B. Com. From the University of Bombay. He has more than 30 years of rich professional experience across sectors such as Consumer Products, IT services and Financial Services. He has had the fortune of working with some marquee organizations in these sectors, namely, P&G, ICICI, Siemens Information Systems, Marico Ltd. and Mahindra & Mahindra Financial Services Ltd.

For about 20 years (October -2000 to September -2020), he worked with Marico Ltd., a listed FMCG group in India. He held various leadership positions during this stint, the last 6 years being as Group Chief Financial Officer of Marico Ltd.

In his last stint as Chief Financial Officer of Financial Services Sector at Mahindra & Mahindra Financial Services Ltd., a listed NBFC. He was responsible for leading the finance function, spanning sectors such as home finance, vehicle, insurance broking and mutual fund AMC. As a member of the top leadership team, he helped steer the company through the turbulent Covid period. Some of the notable contributions in his career with Mahindra Finance have centered around setting performance management systems & processes for the entire financial services sector (budgeting, planning and performance review), centralization of customer on-boarding due diligence & finance processes and successful conclusion of acquisition of minority stake in the insurance broking subsidiary.

Mr. Karve is currently an Independent Director on the Boards of Suryoday Small Finance Bank, Kaya Limited, Niva Bupa Health Insurance Co Limited and Eternis Fine Chemicals Limited. He also serves as a member or as a chairperson on few committees of these companies.

Mr. Manu Yeshpal Singh

Managing Director and Chief Executive Officer

Mr. Manu Yeshpal Singh is an accomplished business leader with over two decades of experience in retail lending, housing finance, and consumer banking, spanning Kotak Mahindra Bank, Tata Capital, ICICI Bank, and Tata Motors. His career reflects a unique blend of operational depth, strategic leadership, and P&L accountability across diverse financial products.

He served as the President & Business Head for Housing Finance at Kotak Mahindra Bank, overseeing a ~ 70,000 crore franchise, driving both growth and profitability across the secured lending spectrum. He was elevated twice in five years, most recently in 2024 underscoring his performance and leadership impact.

In his earlier stint as Business Head for Salaried Personal Loans at Kotak, he led the business from a 4,000 crore to 12,000 crore book, delivering a threefold scale-up while maintaining strong portfolio quality. His track record demonstrates sharp execution, digital enablement, and deep market understanding. Prior to Kotak, Mr. Singh spent over a decade at Tata Capital, where he built and led large retail portfolios across vehicle loans, business loans, and mortgages, with his last mandate managing an ~ 8,000 crore Personal Loans and Business Loans book. His responsibilities spanned retail lending products such as auto loans, two-wheeler loans, consumer durables, commercial vehicle finance, and later expanded to business loans, home loans, and home equity. He also drove product development, institutional partnerships, and digital initiatives.

Earlier at ICICI Bank, Mr. Singh rose rapidly to become the AGM, managing product and inventory funding for two-wheeler loans – handling ~ 3,000 crore in monthly inventory funding to OEMs

His early years built his grounding in credit, distribution, and portfolio management fundamentals. Known for his strong business acumen and adherence to regulatory standards, Mr. Singh has consistently delivered growth while maintaining robust risk frameworks. He is deeply engaged with market dynamics, often spending time in the field to stay close to customers and distribution networks. His leadership style combines strategic vision with operational rigor, making him a key driver of transformation in retail lending.

Mr. Rohit Ranjan

Non-Executive Nominee Director

Mr. Rohit Ranjan is a distinguished leader in banking and financial services, with over four decades of experience spanning global and Indian institutions. Over a 25-year tenure at Citibank India, Mr. Ranjan held several senior leadership roles where he gained deep expertise in governance, compliance, risk management, audit oversight, and shareholder value creation. His leadership spanned consumer finance, SME banking, Priority Sector Lending, (PSL), and retail lending. Most recently, Mr. Rajan has served as President – Retail Lending at Axis Bank, where he led the transformation and expansion of the retail lending portfolio, with a strategic focus on affordable housing and loans against property (LAP). His efforts drove significant growth, operational efficiency, and enhanced customer experience. He has pursued M.B.A (Finance), from Anderson School of Management, University of New Mexico, Albuquerque, New Mexico, USA and Bachelor’s in Arts (Economic Honors) from University of Delhi in 1983.

Mr. Sanjeev Srinivasan

Additional Non-Executive Nominee Director

Mr. Sanjeev Srinivasan has over two decades of leadership experience across both life and general Insurance, with a proven track record in building businesses, driving profitability, and executing strategic operational and technology transformations.

Most recently, he served as the Managing Director (“MD”) and Chief Executive Officer (“CEO”) of Acko General Insurance Limited, and as a Director on the Board of Acko Life Insurance Limited (collectively “Acko”), digital-first, direct-to-customer insurers. At Acko, he played a pivotal role in launching health and life insurance lines and strengthening portfolio quality across existing business segments.

Previously, he was the MD & CEO of Bharti AXA General Insurance Company Limited for about five years. Under his leadership, the company underwent a period of significant growth, from sub-scale operations (15th among private players) to a mid-scale, well diversified, product and channel operations (10th rank and 4x growth), and transformed from high losses to healthy sustainable profits. He successfully built strong original equipment manufacturer, agency, and bancassurance franchises, established a robust small and medium enterprises (SME) / micro, small, and medium enterprises (MSME) portfolio, and very successfully led the acquisition of the company’s general insurance business by ICICI Lombard General Insurance Company Limited (“ICICI Lombard”).

He began his general insurance career at ICICI Lombard, holding multiple leadership positions over 7 years in bancassurance, digital, and marketing. Prior to this, he held positions in ING Vysya Life Insurance Company Ltd., Mahindra & Mahindra Limited, Xerox India Limited, and Airfreight Limited, where he consistently scaled and transformed early-stage businesses. He has also held the position of Senior Vice President from September 2006 to March 2010 at Fullerton India Credit Company Limited (now SMFG India Credit Company Limited), a non-banking financial company registered with the Reserve Bank of India.