Shri Alok Tiwari has been nominated by the Central Government as Government of India Nominee Director on the Board of the Bank with effect from 05th March 2020.
Shri Alok Tiwari is working as Deputy Secretary, Government of India Department of Financial Services, since 15.11.2019. Shri Tiwari born on 23.10.1978, hails from Allahabad. He is a 2007 batch IAS Officer of UP cadre. He pursued his B.tech Mechanical Engineering from IIT, Kanpur. He has more than 13 years of experience in Government. He holds a Master’s degree in Economics from The London School of Economics and Political Science (LSE). He was posted at various levels, as Chief Development Officer, Lucknow, District Magistrate and Collector, Kannauj, Special Secretary to Hon’ble Governor, Uttar Pradesh, District Magistrate and Collector, Mathura, Special Secretary to Govt. of UP, Finance Department, Lucknow, Special Secretary, Govt. of UP., Election Department and Additional Chief Election Officer, Additional Chief Electoral Officer and Special Secretary to Govt. of UP, Election Department and Deputy Secretary to Government of India Cabinet Secretariat, New Delhi, before posting to DFS.
Shri P. K. Panda has been nominated as a Director on the Board of the Bank by the Government of India representing RBI, with effect from 26th April 2019 until further orders.
Shri P. K. Panda was the Principal Chief General Manager of Reserve Bank of India (RBI). He currently holds the position of Senior Program Director of the Centre for Advanced Financial Research and Learning (CAFRAL), Mumbai. He was also the Principal of the College of Agricultural Banking, Reserve Bank of India, Pune. He has more than thirty years of experience in central banking and financial sector supervision at the RBI.
He was a member of the Task Force which drafted the “Good Practice Principles on Supervisory Colleges” for the Standard Implementation Group of the Basel Committee on Banking Supervision, Basel, Switzerland.
He was with International Monetary Fund (IMF) as Resident Advisor Financial Sector Supervision from 2012 to 2015. He was also a RBI nominee Director on the Board of Bank of India during 2011-12.
Shri K. Srinivasa Murthy
Non-official Director under Chartered Accountant Category
Non-official Director under Chartered Accountant Category
Shri K. Srinivasa Murthy has been nominated as part-time Non-official Director under Chartered Accountant Category on the Board of Directors of the Bank for a period of three years with effect from 27th December 2017.
Shri K. Srinivasa Murthy is a Chartered Accountant by profession, qualified in the year 1993. He is also a Certified Concurrent Auditor, holds a Diploma in Information Systems Audit and has completed a Certification Course in International Taxation conducted by ICAI.
He has more than two decades of experience in the matters of Income Tax – Domestic as well as International Taxation. He renders advisory, planning and compliance services for corporate and non-corporate entities on Income tax matters. He has extensive experience in representing cases before various authorities.
He has also wide experience in Statutory and Internal Audit of Corporates under the Companies Act, Public Sector Undertakings, Banks, C & AG Audit of Insurance Companies, Trusts, Societies and non-profit organisations, Tax Audits under Income Tax Act, Stock Audits, Concurrent Audits and Internal Audits. He has in depth knowledge of methods, procedures, accounting systems Audit.
Shri Pradeep Kumar Jain, aged 55 years, hails from Mumbai. He is a post graduate in Commerce and Economics and Licentiate – Insurance Institute of India, Part-I, CAIIB. He is presently Executive Director (Investment : Monitoring and Accounting) of Life Insurance Corporation of India and is responsible for controlling and managing stressed assets, processing of proposals under various restructuring schemes, legal action against defaulting companies and compliance to various investment related regulations of IRDA/instructions to Financial Institutions by Reserve Bank of India.
Earlier as a Sr. Divisional Manager in-charge, was responsible for timely finalization and audit of Divisional Accounts. He has also worked on monitoring and controlling both marketing and servicing activities of Insurance Policies including Group Insurance Policies at Divisional/Zonal/Central Office level.
He is also having experience of working in Regional Rural Bank (RRB) (Sponsor – Canara Bank) and Central Bank of India from January 1981 to November 1984.
He is elected as a shareholder Director of the Bank, assumed office as shareholder director of the Bank effective from 08.09.2017 for a period of three years till 07.09.2020.
Ms. Chitra Gouri Lal, 66 years of age, hails from Noida in Uttar Pradesh, is a post graduate in M.Sc.(Fiscal Studies) M.Phil in Social Science, having Masters Diploma in Public Administration and an M.Sc in Physics.
She has 36 years of rich experience. She joined the Indian Customs & Central Excise Service in 1974 and rose to the level of Special Secretary to Government of India and Member, Central Board of Excise and Customs, from which post she superannuated in November, 2010. She has had a rich and varied experience at all levels in the Department of Revenue, in the field as well as in the Ministry. She also worked on Central Deputation basis in the Ministry of Commerce, Ministry of Statistics and Planning and Ministry of Agriculture in different capacities, both at the middle, as well as the senior management levels. During her career she received training at the University of Bath, UK which led to a second Masters’ degree in Fiscal Studies. She has authored several important reports including one on Modernisation of the Indian Statistical System, another on Restructuring of Group B and C cadres of the Service. She is also whole Time Director in Purearth Infrastructure Limited and Independent Director in LAVA International Limited. She was also on the Board of Corporation Bank as a Shareholder Director for a period of three years from 26 August 2014 to 25 August 2017.
She is re-elected as a shareholder Director of the Bank, assumed office as shareholder director of the Bank effective from 08.09.2017 for a period of three years till 07.09.2020.